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Mastech Digital, Inc., together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. It operates through two segments, Data and Analytics Services, and IT Staffing Services. The company offers data management and analytics services, including project-based consulting services in the areas of master data management, enterprise data integration, big data and analytics, and digital transformation by using onsite and offshore resources. It also provides a range of IT staffing services in the areas of data management and analytics, cloud, mobility, social, automation, business intelligence/data warehousing, web services, enterprise resource planning and customer resource management, and e-business solutions. In addition, the company offers digital transformation services, such as digital learning services; and cloud-based enterprise application across sales, marketing, and customer service organizations. It provides its services across various industry verticals, including financial services, government, healthcare, manufacturing, retail, technology, telecommunications, and transportation. The company was formerly known as Mastech Holdings, Inc. and changed its name to Mastech Digital, Inc. in September 2016. Mastech Digital, Inc. was founded in 1986 and is headquartered in Pittsburgh, Pennsylvania.

Mastech Digital Dividend Announcement

• Mastech Digital announced a annually dividend of $0.50 per ordinary share which will be made payable on 2013-12-20. Ex dividend date: 2013-12-05
• Mastech Digital's trailing twelve-month (TTM) dividend yield is -%

Mastech Digital Dividend History

Ex-Div dateDividend amountDividend typePay date
2013-12-05$0.50annually2013-12-20
2012-12-24$2.00annually2012-12-21

Mastech Digital Dividend per year

Mastech Digital Dividend Yield

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

Mastech Digital Financial Ratios

P/E ratio-77.85
PEG ratio-28.02
P/B ratio2.02
ROE-2.69%
Payout ratio0.00%
Current ratio2.98
Quick ratio2.98
Cash Ratio1.08

Mastech Digital Dividend FAQ

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