Odyssey Technologies Ltd. engages in the development of products and solutions for Internet transaction security. Its products include transaction security, identity management, digital signature solutions, Crypto toolkits, and mobile solutions. The company was founded by B. Antony Raja on April 6, 1990 and is headquartered in Chennai, India.
Odyssey Technologies Dividend Announcement
• Odyssey Technologies does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Odyssey Technologies dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Odyssey Technologies Dividend History
Odyssey Technologies Dividend Yield
Odyssey Technologies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Odyssey Technologies stock? Use our calculator to estimate your expected dividend yield:
Odyssey Technologies Financial Ratios
P/E ratio32.22
PEG ratio0.32
P/B ratio3.25
ROE10.48%
Payout ratio0.00%
Current ratio7.27
Quick ratio8.61
Cash Ratio5.50
Odyssey Technologies Dividend FAQ
Does Odyssey Technologies stock pay dividends?
Odyssey Technologies does not currently pay dividends to its shareholders.
Has Odyssey Technologies ever paid a dividend?
No, Odyssey Technologies has no a history of paying dividends to its shareholders. Odyssey Technologies is not known for its dividend payments.
Why doesn't Odyssey Technologies pay dividends?
There are several potential reasons why Odyssey 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 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 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 Technologies a dividend aristocrat?
Odyssey 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 Technologies a dividend king?
Odyssey 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 Technologies a dividend stock?
No, Odyssey 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 Technologies stocks?
To buy Odyssey 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 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 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.