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NeoMagic Corporation designs and delivers semiconductors and software solutions for video, television, imaging, graphic, and audio devices. It offers microcontrollers; horizon digital picture frame and digital mobile TV solutions; and SOC processors, such as application processors and Neomobile TV solutions. The company, through its MercadoMagico.com division, operates an e-Commerce platform that allows user to buy and sell products from one another or buy premium electronic products. It sells its applications processors under the MiMagic brand name. The company was founded in 1993 and is based in Milpitas, California.

NeoMagic Dividend Announcement

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

NeoMagic Dividend History

NeoMagic Dividend Yield

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

NeoMagic Financial Ratios

P/E ratio11.90
PEG ratio0.12
P/B ratio0.64
ROE12.95%
Payout ratio0.00%
Current ratio4.77
Quick ratio4.77
Cash Ratio4.77

NeoMagic Dividend FAQ

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