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Illumina, Inc. provides sequencing and array-based solutions for genetic and genomic analysis. Its products and services serve customers in a range of markets enabling the adoption of genomic solutions in research and clinical settings for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. The company provides instruments and consumables used in genetic analysis; and genotyping and sequencing services, instrument service contracts, and development and licensing agreements, as well as cancer detection testing services. Its customers include genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. The company markets and distributes its products directly to customers in North America, Europe, Latin America, and the Asia-Pacific region, as well as sells through life-science distributors in various markets within Europe, the Asia-Pacific region, Latin America, the Middle East, and Africa. The company was incorporated in 1998 and is based in San Diego, California.

Illumina Dividend Announcement

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

Illumina Dividend History

Illumina Dividend Yield

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

Illumina Financial Ratios

P/E ratio-7.71
PEG ratio-0.76
P/B ratio16.34
ROE-64.72%
Payout ratio0.00%
Current ratio1.11
Quick ratio0.86
Cash Ratio0.42

Illumina Dividend FAQ

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