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Leonardo DRS, Inc., together with its subsidiaries, provides defense products and technologies in the land, air, sea, space, cyber and security, and commercial domains for military applications. It operates in two segments, Advanced Sensing and Computing, and Integrated Mission Systems. The company offers advanced sensor technologies, including infrared systems and sensors for threat detection and situational awareness; uncooled infrared systems and brownout solutions; airborne, ground vehicle mounted, and dismounted soldier electronic warfare (EW) systems; and EW software and training systems, and intelligence solutions. It also provides computing systems for ground vehicles, ships, and submarines; network and data distribution applications; sensor systems; and networked computing infrastructure on military platform. In addition, the company offers force protection systems, such as solutions for counter-unmanned aerial systems, short-range air defense systems, and active protection systems; and power control, distribution, conversion, and propulsion systems, as well as hybrid electric drive propulsion systems, energy storage, gas turbine packages, nuclear instrumentation and controls, and thermal management and refrigeration equipment. It serves the U.S. military, aerospace and defense prime contractors, government intelligence agencies, and international military customers. The company was founded in 1969 and is based in Arlington, Virginia.

Leonardo DRS Dividend Announcement

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

Leonardo DRS Dividend History

Leonardo DRS Dividend Yield

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

Leonardo DRS Financial Ratios

P/E ratio47.27
PEG ratio0.24
P/B ratio3.78
ROE8.28%
Payout ratio0.00%
Current ratio2.11
Quick ratio1.70
Cash Ratio0.23

Leonardo DRS Dividend FAQ

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