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Luna Innovations Incorporated develops, manufactures, and markets fiber optic test, measurement, and control products worldwide. The company offers optical test and measurement products, which include optical vector analyzer, optical backscatter reflectometers, and the Phoenix family of tunable lasers; and Hyperion sensing solution that enables full-spectrum data acquisition and flexible peak detect algorithms of fiber-bragg gratings (FBGs), long period FBGs, and fabry-perot sensors with low-latency access to data for closed loop feedback applications. It also provides polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; single frequency lasers; temperature and strain sensing products; ODiSI sensing solution, which provides distributed strain and temperature measurements; and Terametrix terahertz gauging and imaging products that provide precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements, as well as distributed acoustic sensing intellectual property and products. The company primarily markets its fiber optic test, measurement, and control products to telecommunications companies, defense agencies, government system integrators, researchers, original equipment manufacturers, distributors, testing labs, and strategic partners directly, as well as through manufacturer representative organizations, partner and distribution channels, technical sales engineers, value added resellers, and independent sales representatives. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia.

Luna Innovations Dividend Announcement

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

Luna Innovations Dividend History

Luna Innovations Dividend Yield

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

Luna Innovations Financial Ratios

P/E ratio-47.96
PEG ratio-8.63
P/B ratio0.58
ROE-1.20%
Payout ratio0.00%
Current ratio2.86
Quick ratio1.62
Cash Ratio0.17

Luna Innovations Dividend FAQ

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