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Dayforce Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources, payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market. The company also provides Bureau solutions for payroll and payroll-related services. It sells its solutions through direct sales force and third-party channels. The company was formerly known as Ceridian HCM Holding Inc. and changed its name to Dayforce Inc. in February 2024. Dayforce Inc. was incorporated in 2013 and is headquartered in Minneapolis, Minnesota.

Dayforce Dividend Announcement

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

Dayforce Dividend History

Dayforce Dividend Yield

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

Dayforce Financial Ratios

P/E ratio234.79
PEG ratio-7.11
P/B ratio4.86
ROE2.15%
Payout ratio0.00%
Current ratio1.15
Quick ratio1.15
Cash Ratio0.12

Dayforce Dividend FAQ

Does Dayforce stock pay dividends?
Dayforce does not currently pay dividends to its shareholders.
Has Dayforce ever paid a dividend?
No, Dayforce has no a history of paying dividends to its shareholders. Dayforce is not known for its dividend payments.
Why doesn't Dayforce pay dividends?
There are several potential reasons why Dayforce 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 Dayforce 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 Dayforce 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 Dayforce a dividend aristocrat?
Dayforce 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 Dayforce a dividend king?
Dayforce 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 Dayforce a dividend stock?
No, Dayforce 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 Dayforce stocks?
To buy Dayforce 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 Dayforce 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.