Table of Contents

company-logo

NamSys Inc. provides software solutions for currency management and processing for the banking and merchant industries principally in North America. The company offers Cirreon Smart Safe, a cloud-based digital platform for managing networks of smart safes; Cash in Transit Logistics that manages routes, scans barcodes, and captures signatures digitally; and Deposit Tracking for tracking digital deposit data and transmits real-time updates. It also provides Online Change Orders for simplifying the change order process; and Currency Controller, a cash vault management and logistics system. It serves financial institutions, cash-in-transit industry, and banks and armored carriers. The company was formerly known as Cencotech Inc. and changed its name to NamSys Inc. in November 2016. NamSys Inc. was incorporated in 1997 and is headquartered in Toronto, Canada.

NamSys Dividend Announcement

• NamSys announced a annually dividend of C$0.05 per ordinary share which will be made payable on . Ex dividend date: 2024-05-29
• NamSys annual dividend for 2024 was C$0.05
• NamSys's trailing twelve-month (TTM) dividend yield is 4.72%
• NamSys's payout ratio for the trailing twelve months (TTM) is 67.73%

NamSys Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-29C$0.05annually

NamSys Dividend per year

NamSys Dividend Yield

NamSys current trailing twelve-month (TTM) dividend yield is 4.72%. Interested in purchasing NamSys stock? Use our calculator to estimate your expected dividend yield:

NamSys Financial Ratios

P/E ratio14.34
PEG ratio1.40
P/B ratio3.71
ROE24.85%
Payout ratio67.73%
Current ratio8.54
Quick ratio8.43
Cash Ratio1.14

NamSys Dividend FAQ

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