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Greenway Technologies, Inc., through its subsidiary, Greenway Innovative Energy, Inc., engages in the research, development, and commercialization of gas-to-liquids syngas conversion systems to meet individual natural gas field/resource requirements. The company offers G-Reformer units to process various natural gas streams, including pipeline gas, associated gas, flared gas, vented gas, coal-bed methane, and/or biomass gas. It also owns mining claims covering approximately 1,440 acres on Bureau of Land Management land located in Mohave County, Arizona. The company was formerly known as UMED Holdings, Inc. and changed its name to Greenway Technologies, Inc. in June 2017. Greenway Technologies, Inc. is based in Arlington, Texas.

Greenway Technologies Dividend Announcement

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

Greenway Technologies Dividend History

Greenway Technologies Dividend Yield

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

Greenway Technologies Financial Ratios

P/E ratio-13.02
PEG ratio0.08
P/B ratio-1.53
ROE12.03%
Payout ratio0.00%
Current ratio0.01
Quick ratio0.01
Cash Ratio0.01

Greenway Technologies Dividend FAQ

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