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InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in their homes and communities. It manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. The company offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management. It serves approximately 6,850 PACE participants in the United States; and operates 18 PACE centers in Colorado, California, New Mexico, Pennsylvania, and Virginia. The company was formerly known as TCO Group Holdings, Inc. and changed its name to InnovAge Holding Corp. in January 2021. InnovAge Holding Corp. was founded in 2007 and is headquartered in Denver, Colorado.

InnovAge Dividend Announcement

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

InnovAge Dividend History

InnovAge Dividend Yield

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

InnovAge Financial Ratios

P/E ratio-41.08
PEG ratio0.44
P/B ratio2.51
ROE-5.82%
Payout ratio0.00%
Current ratio1.21
Quick ratio1.21
Cash Ratio0.30

InnovAge Dividend FAQ

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