Nitro Games Oyj develops and publishes games for mobiles worldwide. It also provides development services to third parties in the form of contracting work. The company was incorporated in 2007 and is headquartered in Kotka, Finland.
Nitro Games Dividend Announcement
• Nitro Games does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Nitro Games dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Nitro Games Dividend History
Nitro Games Dividend Yield
Nitro Games current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Nitro Games stock? Use our calculator to estimate your expected dividend yield:
Nitro Games Financial Ratios
P/E ratio6.85
PEG ratio-0.29
P/B ratio2.39
ROE41.95%
Payout ratio0.00%
Current ratio1.16
Quick ratio1.16
Cash Ratio0.72
Nitro Games Dividend FAQ
Does Nitro Games stock pay dividends?
Nitro Games does not currently pay dividends to its shareholders.
Has Nitro Games ever paid a dividend?
No, Nitro Games has no a history of paying dividends to its shareholders. Nitro Games is not known for its dividend payments.
Why doesn't Nitro Games pay dividends?
There are several potential reasons why Nitro Games 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.
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 Nitro Games 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 Nitro Games 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 Nitro Games a dividend aristocrat?
Nitro Games 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 Nitro Games a dividend king?
Nitro Games 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 Nitro Games a dividend stock?
No, Nitro Games 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 Nitro Games stocks?
To buy Nitro Games 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 Nitro Games 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.
Place an order: Use the brokerage's trading platform to place an order to buy Nitro Games 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.