Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut.
Greenidge Generation Dividend Announcement
• Greenidge Generation announced a annually dividend of $1.00 per ordinary share which will be made payable on . Ex dividend date: 2019-12-27
• Greenidge Generation's trailing twelve-month (TTM) dividend yield is -%
Greenidge Generation Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-12-27 | $1.00 | annually |
Greenidge Generation Dividend per year
Greenidge Generation Dividend Yield
Greenidge Generation current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Greenidge Generation stock? Use our calculator to estimate your expected dividend yield:
Greenidge Generation Financial Ratios
P/E ratio-1.90
PEG ratio-0.00
P/B ratio-0.42
ROE24.96%
Payout ratio0.00%
Current ratio1.22
Quick ratio1.22
Cash Ratio0.45
Greenidge Generation Dividend FAQ
Does Greenidge Generation stock pay dividends?
Greenidge Generation does not currently pay dividends to its shareholders.
Has Greenidge Generation ever paid a dividend?
No, Greenidge Generation has no a history of paying dividends to its shareholders. Greenidge Generation is not known for its dividend payments.
Why doesn't Greenidge Generation pay dividends?
There are several potential reasons why Greenidge Generation 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.
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 Greenidge Generation 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 Greenidge Generation 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 Greenidge Generation a dividend aristocrat?
Greenidge Generation 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 Greenidge Generation a dividend king?
Greenidge Generation 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 Greenidge Generation a dividend stock?
No, Greenidge Generation 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 Greenidge Generation stocks?
To buy Greenidge Generation 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 Greenidge Generation 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.
Place an order: Use the brokerage's trading platform to place an order to buy Greenidge Generation 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.