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Light & Wonder, Inc. develops technology-based products and services, and related content for the gaming, lottery, social and digital gaming industries in the United States and internationally. The company's Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; table products, including shufflers; and perpetual licenses to proprietary table games. It also supplies game content, gaming machines; provides table game products and services to licensed gaming entities; and installs and supports casino management systems, such as ongoing hardware and software maintenance and upgrade services of customer casino management systems. The company's SciPlay segment develops and publishes digital games on mobile and web platforms. It sells virtual coins, chips, or bingo cards, which players can use to play slot games, table games, or bingo games. Its iGaming segment provides a suite of digital gaming content, including digital real-money gaming, distribution platforms, content, products, and services. This segment also offers the Open Platform System, which offers a range of reporting and administrative functions and tools providing operators control over various areas of digital gaming operations. The company also offers software design, development, licensing, maintenance, support services, and technology solutions. Light & Wonder, Inc. was incorporated in 1984 and is based in Las Vegas, Nevada.

Light & Wonder Dividend Announcement

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

Light & Wonder Dividend History

Light & Wonder Dividend Yield

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

Light & Wonder Financial Ratios

P/E ratio29.70
PEG ratio-2.92
P/B ratio10.21
ROE36.37%
Payout ratio7.80%
Current ratio1.88
Quick ratio1.61
Cash Ratio0.51

Light & Wonder Dividend FAQ

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