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Fomo Worldwide, Inc., through its subsidiaries, markets and sells disinfection products and services to individuals, hotels, hospitals, cruise ships, offices, and government facilities. It also provides hybrid disinfection devices with UVC and photo plasma devices. In addition, the company offers ultraviolet-C in-duct and portable devices, carbon filtration, and HEPA filtration devices, as well as bio-polar ionization disinfection for virus and volatile organic compound disinfection services. Further, the company provides personal protective equipment ranging from masks to gloves with factory supply side logistics, as well as energy efficiency consulting and sustainability solutions. The company was formerly known as FOMO Corp. Fomo Worldwide, Inc. was incorporated in 1990 and is based in Pittsburgh, Pennsylvania.

Fomo Worldwide Dividend Announcement

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

Fomo Worldwide Dividend History

Fomo Worldwide Dividend Yield

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

Fomo Worldwide Financial Ratios

P/E ratio0.12
PEG ratio0.00
P/B ratio-0.06
ROE-63.31%
Payout ratio0.00%
Current ratio0.09
Quick ratio0.07
Cash Ratio0.00

Fomo Worldwide Dividend FAQ

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