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Fortran Corporation, through its subsidiaries, offers communication system integration services to media and communication sectors. The company provides communication solutions designing, sourcing, implementing, and maintenance services. Additionally, it offers mobile billboards, event marketing, conventions and trade shows, and political advertising and editorial statements. The company's subsidiaries include The New Telephone Company, Inc.; CCI-Telecom, Inc.; B & L Telephone, LLC; and Fortran Communications, Inc. Fortran Corporation was formerly known as Burke Mills Inc. and changed its name to Fortran Corporation in February 2013. Fortran Corporation was founded in 1948 and is based in Hickory, North Carolina.

Fortran Dividend Announcement

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

Fortran Dividend Yield

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

Fortran Financial Ratios

P/E ratio-4.99
PEG ratio-0.05
P/B ratio-0.15
ROE3.11%
Payout ratio0.00%
Current ratio0.17
Quick ratio0.05
Cash Ratio0.02

Fortran Dividend FAQ

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