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IGEN Networks Corp. develops and markets software services for the automotive and fleet management industry in the United States. The company provides vehicle tracking and recovery solutions; and direct and secure access to information on the vehicle and the driver's behavior. It offers its software services to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company was formerly known as Sync2 Entertainment Corporation and changed its name to IGEN Networks Corp. in June 2009. IGEN Networks Corp. was incorporated in 2006 and is headquartered in Lake Elsinore, California.

IGEN Networks Dividend Announcement

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

IGEN Networks Dividend History

IGEN Networks Dividend Yield

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

IGEN Networks Financial Ratios

P/E ratio-0.24
PEG ratio-0.01
P/B ratio-0.17
ROE82.80%
Payout ratio-2.76%
Current ratio0.03
Quick ratio0.00
Cash Ratio0.00

IGEN Networks Dividend FAQ

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