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Myomo, Inc., a wearable medical robotics company, designs, develops, and produces myoelectric orthotics for people with neuromuscular disorders in the United States. The company offers MyoPro, a myoelectric-controlled upper limb brace or orthosis product used for supporting a patient's weak or paralyzed arm to enable and improve functional activities of daily living. Its products are designed to help improve function in adults and adolescents with neuromuscular conditions due to brachial plexus injury, stroke, traumatic brain injury, spinal cord injury, and other neurological disorders. The company sells its products to orthotics and prosthetics providers, the Veterans Health Administration, and rehabilitation hospitals, as well as through distributors. Myomo, Inc. was incorporated in 2004 and is headquartered in Boston, Massachusetts.

Myomo Dividend Announcement

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

Myomo Dividend History

Myomo Dividend Yield

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

Myomo Financial Ratios

P/E ratio-28.56
PEG ratio0.60
P/B ratio25.77
ROE-86.30%
Payout ratio0.00%
Current ratio2.10
Quick ratio1.62
Cash Ratio0.95

Myomo Dividend FAQ

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