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ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage, transportation, and industrial sectors in the United Kingdom, Germany, Australia, rest of Europe, and the United States. It offers HGas1SP, HGas3SP, 3MEP CUBE, and 2GEP Skid. The company is also involved in the development and manufacture of prototype products; and sale of electrolysis equipment, automotive fuel, hydrogen, electrolyser solutions, and hydrogen storage solutions. ITM Power Plc was founded in 2001 and is headquartered in Sheffield, the United Kingdom.

ITM Power Dividend Announcement

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

ITM Power Dividend History

ITM Power Dividend Yield

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

ITM Power Financial Ratios

P/E ratio-5.96
PEG ratio5.49
P/B ratio0.81
ROE-13.30%
Payout ratio0.00%
Current ratio4.17
Quick ratio3.28
Cash Ratio2.91

ITM Power Dividend FAQ

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