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LICT Corporation, together with its subsidiaries, provides broadband, voice, and video services to residential, commercial, and governmental customers. It offers high speed broadband services, including internet access through copper-based digital subscriber lines, fiber optic facilities, fixed wireless, and cable modems; video services through traditional cable television services and internet protocol television services; voice over internet protocol services; wireless voice communications services; and other telecommunications related services. The company operates in California, Iowa, Kansas, Michigan, New Mexico, Utah, and Wisconsin. As of December 31, 2021, it had a total of 30,687 voice lines; 5,832 miles of fiber optic cable; 11,522 miles of copper cable; and 816 miles of coaxial cable. The company was formerly known as Lynch Interactive Corporation and changed its name to LICT Corporation in March 2007. LICT Corporation was incorporated in 1996 and is based in Rye, New York.

LICT Dividend Announcement

• LICT announced a annually dividend of $1.83 per ordinary share which will be made payable on . Ex dividend date: 2002-01-25
• LICT's trailing twelve-month (TTM) dividend yield is -%

LICT Dividend History

Ex-Div dateDividend amountDividend typePay date
2002-01-25$1.83annually

LICT Dividend per year

LICT Dividend Yield

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

LICT Financial Ratios

P/E ratio18.96
PEG ratio-1.57
P/B ratio1.18
ROE6.27%
Payout ratio0.00%
Current ratio0.90
Quick ratio0.68
Cash Ratio0.22

LICT Dividend FAQ

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