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Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers and cleans surfaces in commercial and personal settings to help reduce the spread of bacteria, viruses, and germs. This segment primarily serves integrated oil and gas, oilfield services, independent oil and gas, national and state-owned oil, geothermal energy, solar energy, and alternative energy companies. The DA segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable information on the composition and properties of energy customers' hydrocarbon fluids. This segment's data platforms combine the energy industry's field-deployable, inline optical analyzer with proprietary cloud visualization and analytics. It sells its products directly through a mix of in-house sales professionals, as well as contractual agency agreements. The company was incorporated in 1985 and is headquartered in Houston, Texas.

Flotek Industries Dividend Announcement

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

Flotek Industries Dividend History

Flotek Industries Dividend Yield

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

Flotek Industries Financial Ratios

P/E ratio29.39
PEG ratio2.17
P/B ratio2.20
ROE7.76%
Payout ratio0.00%
Current ratio1.93
Quick ratio1.64
Cash Ratio0.11

Flotek Industries Dividend FAQ

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