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Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.

Credo Technology Dividend Announcement

• Credo Technology does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Credo Technology dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Credo Technology Dividend History

Credo Technology Dividend Yield

Credo Technology current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Credo Technology stock? Use our calculator to estimate your expected dividend yield:

Credo Technology Financial Ratios

P/E ratio-252.45
PEG ratio-11.36
P/B ratio11.96
ROE-5.30%
Payout ratio0.00%
Current ratio7.81
Quick ratio7.36
Cash Ratio1.50

Credo Technology Dividend FAQ

Does Credo Technology stock pay dividends?
Credo Technology does not currently pay dividends to its shareholders.
Has Credo Technology ever paid a dividend?
No, Credo Technology has no a history of paying dividends to its shareholders. Credo Technology is not known for its dividend payments.
Why doesn't Credo Technology pay dividends?
There are several potential reasons why Credo Technology would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Credo Technology ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Credo Technology has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Credo Technology a dividend aristocrat?
Credo Technology is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Credo Technology a dividend king?
Credo Technology is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Credo Technology a dividend stock?
No, Credo Technology is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Credo Technology stocks?
To buy Credo Technology you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Credo Technology stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.