Odyssey Semiconductor Technologies, Inc., a semiconductor device company, develops and sells high-voltage power switching components and systems based on proprietary gallium nitride processing technology. The company was incorporated in 2019 and is based in Ithaca, New York.
Odyssey Semiconductor Technologies Dividend Announcement
• Odyssey Semiconductor Technologies announced a annually dividend of $0.08 per ordinary share which will be made payable on . Ex dividend date: 2024-08-19
• Odyssey Semiconductor Technologies annual dividend for 2024 was $0.08
• Odyssey Semiconductor Technologies's trailing twelve-month (TTM) dividend yield is 320.0%
Odyssey Semiconductor Technologies Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-19 | $0.08 | annually |
Odyssey Semiconductor Technologies Dividend per year
Odyssey Semiconductor Technologies Dividend Yield
Odyssey Semiconductor Technologies current trailing twelve-month (TTM) dividend yield is 320.0%. Interested in purchasing Odyssey Semiconductor Technologies stock? Use our calculator to estimate your expected dividend yield:
Odyssey Semiconductor Technologies Financial Ratios
P/E ratio-0.11
PEG ratio0.00
P/B ratio-0.06
ROE64.29%
Payout ratio0.00%
Current ratio0.18
Quick ratio0.18
Cash Ratio0.06
Odyssey Semiconductor Technologies Dividend FAQ
Does Odyssey Semiconductor Technologies stock pay dividends?
Odyssey Semiconductor Technologies does not currently pay dividends to its shareholders.
Has Odyssey Semiconductor Technologies ever paid a dividend?
No, Odyssey Semiconductor Technologies has no a history of paying dividends to its shareholders. Odyssey Semiconductor Technologies is not known for its dividend payments.
Why doesn't Odyssey Semiconductor Technologies pay dividends?
There are several potential reasons why Odyssey Semiconductor Technologies 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 Odyssey Semiconductor Technologies 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 Odyssey Semiconductor Technologies 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 Odyssey Semiconductor Technologies a dividend aristocrat?
Odyssey Semiconductor Technologies 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 Odyssey Semiconductor Technologies a dividend king?
Odyssey Semiconductor Technologies 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 Odyssey Semiconductor Technologies a dividend stock?
No, Odyssey Semiconductor Technologies 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 Odyssey Semiconductor Technologies stocks?
To buy Odyssey Semiconductor Technologies 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 Odyssey Semiconductor Technologies 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 Odyssey Semiconductor Technologies 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.