Table of Contents

company-logo

Everspin Technologies, Inc. manufactures and sells magnetoresistive random access memory (MRAM) products in the United States, Hong Kong, Japan, China, Canada, and internationally. It offers Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for embedded MRAM. The company provides its products for applications, including data center, industrial, medical, automotive/transportation, and aerospace markets. It serves original equipment manufacturers and original design manufacturers through a direct sales channel and a network of representatives and distributors. Everspin Technologies, Inc. was incorporated in 2008 and is headquartered in Chandler, Arizona.

Everspin Technologies Dividend Announcement

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

Everspin Technologies Dividend History

Everspin Technologies Dividend Yield

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

Everspin Technologies Financial Ratios

P/E ratio90.61
PEG ratio-2.96
P/B ratio2.35
ROE2.74%
Payout ratio0.00%
Current ratio6.74
Quick ratio5.85
Cash Ratio4.17

Everspin Technologies Dividend FAQ

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