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Itafos Inc. operates as a phosphate and specialty fertilizer platform company. The company produces and sells monoammonium phosphate (MAP), MAP with micronutrients, superphosphoric acid, merchant grade phosphoric acid, ammonium polyphosphate, single superphosphate (SSP), SSP with micronutrients, and sulfuric acid. It also owns interests in the Farim, a phosphate mine project situated in Farim, Guinea-Bissau; Araxá, a rare earth element and niobium mine and extraction plant project that covers an area of approximately 226 hectares situated in Minas Gerais, Brazil; and Santana, an integrated phosphate mine and fertilizer plant project, which covers an area of approximately 233,070 hectares located in Pará, Brazil. The company was formerly known as MBAC Fertilizer Corp. and changed its name to Itafos Inc. in December 2016. The company was incorporated in 1999 and is headquartered in Houston, Texas. Itafos Inc. is a subsidiary of CL Fertilizers Holding LLC.

Itafos Dividend Announcement

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

Itafos Dividend History

Itafos Dividend Yield

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

Itafos Financial Ratios

P/E ratio26.57
PEG ratio0.47
P/B ratio0.75
ROE3.12%
Payout ratio0.00%
Current ratio2.66
Quick ratio1.21
Cash Ratio0.70

Itafos Dividend FAQ

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