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FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing IT services, hiring, conducting interviews, training, supervision and management of non-medical personnel, storage of medical records, office space, equipment, repair maintenance services, accounting, assistance with compliance matters and the development and implementation of practice growth and marketing strategies. The company owns and operates 5 diagnostic imaging facilities in Florida; and manages 39 MRI scanning facilities, including 25 facilities located in New York and 14 situated in Florida. It markets its scanners to private diagnostic imaging centers and hospitals. The company was incorporated in 1978 and is based in Melville, New York.

FONAR Dividend Announcement

• FONAR announced a annually dividend of $0.01 per ordinary share which will be made payable on 1999-03-30. Ex dividend date: 1999-03-18
• FONAR's trailing twelve-month (TTM) dividend yield is -%

FONAR Dividend History

Ex-Div dateDividend amountDividend typePay date
1999-03-18$0.01annually1999-03-30

FONAR Dividend per year

FONAR Dividend Yield

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

FONAR Financial Ratios

P/E ratio10.21
PEG ratio1.50
P/B ratio0.58
ROE5.78%
Payout ratio0.00%
Current ratio9.64
Quick ratio9.45
Cash Ratio3.76

FONAR Dividend FAQ

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