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LogicMark, Inc. offers personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The company, through its subsidiary, LogicMark LLC, manufactures and distributes non-monitored and monitored personal emergency response systems sold through healthcare durable medical equipment and monitored security dealers/distributors, and the United States Department of Veterans Affairs. The company was formerly known as Nxt-ID, Inc. and changed its name to LogicMark, Inc. in March 2022. LogicMark, Inc. was founded in 2006 and is based in Louisville, Kentucky.

LogicMark Dividend Announcement

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

LogicMark Dividend History

LogicMark Dividend Yield

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

LogicMark Financial Ratios

P/E ratio-0.04
PEG ratio0.01
P/B ratio0.04
ROE-105.34%
Payout ratio-2.10%
Current ratio3.73
Quick ratio3.29
Cash Ratio2.97

LogicMark Dividend FAQ

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