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IDEXX Laboratories, Inc. develops, manufactures, and distributes products and services primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide. The company operates through CAG; Water Quality Products; LPD; and Other segments. It provides point-of-care veterinary diagnostic products, including instruments, consumables, and rapid assay test kits; veterinary reference laboratory diagnostic and consulting services; practice management and diagnostic imaging systems and services for veterinarians; and health monitoring, biological materials testing, and laboratory animal diagnostic instruments and services for biomedical research community. The company also offers diagnostic and health-monitoring products for livestock, poultry, and dairy; products that test water for various microbiological contaminants; and point-of-care electrolytes and blood gas analyzers and SARS-CoV-2 RT-PCR that are used in the human point-of-care medical diagnostics market; in-clinic chemistry, blood and urine chemistry, hematology, and SediVue Dx analyzers; SNAP rapid assays test kits. In addition, it provides Colilert, Colilert-18, and Colisure tests, which detect the presence of total coliforms and E. coli in water; Enterolert, Pseudalert, Filta-Max and Filta-Max xpress, Legiolert, and Quanti-Tray products; veterinary software and services for independent veterinary clinics and corporate groups. The company markets its products through marketing, customer service, sales, and technical service groups, as well as through independent distributors and other resellers. IDEXX Laboratories, Inc. was incorporated in 1983 and is headquartered in Westbrook, Maine.

IDEXX Laboratories Dividend Announcement

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

IDEXX Laboratories Dividend History

IDEXX Laboratories Dividend Yield

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

IDEXX Laboratories Financial Ratios

P/E ratio42.25
PEG ratio3.88
P/B ratio22.62
ROE55.42%
Payout ratio0.00%
Current ratio1.42
Quick ratio1.03
Cash Ratio0.31

IDEXX Laboratories Dividend FAQ

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