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Ngenic AB (publ), an independent energy technology company, develops and sells digital solutions for the ongoing conversion of the energy system in Sweden. It offers Ngenic Tune, a smart thermostat that collects information about weather, and indoor and outdoor temperature, as well as helps to optimize heating system; and Ngenic Track, a communication unit that communicates digitally with the existing electricity and heat meter in contrast to existing third-party meters, as well as supports energy meter for electric and district heating. The company also provides FairShare, a system for the control of heating systems in properties with water-borne heat; and Gridtuner service for load control and optimization of electric or district heating network; and customized software and hardware solutions. It serves energy companies, tenant-owner associations and landlords, commercial properties, and private individuals. The company was founded in 2010 and is headquartered in Uppsala, Sweden.

Ngenic Dividend Announcement

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

Ngenic Dividend History

Ngenic Dividend Yield

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

Ngenic Financial Ratios

P/E ratio-0.52
PEG ratio0.03
P/B ratio-4.82
ROE-272.09%
Payout ratio0.00%
Current ratio0.36
Quick ratio0.19
Cash Ratio0.00

Ngenic Dividend FAQ

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