Omni-Lite Industries Canada Inc. develops, engineers, manufactures, markets, and sells precision components to Fortune 500 companies in the United States and Canada. It offers forged, electronic, and multi-chip microelectronic components for the aerospace, military, specialty automotive, medical, and sports and recreational industries, as well as ceramic track shoe spikes. The company was incorporated in 1992 and is headquartered in Cerritos, California.
Omni-Lite Industries Canada Dividend Announcement
• Omni-Lite Industries Canada announced a semi annually dividend of $0.02 per ordinary share which will be made payable on . Ex dividend date: 2011-11-10
• Omni-Lite Industries Canada's trailing twelve-month (TTM) dividend yield is -%
Omni-Lite Industries Canada Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2011-11-10 | $0.02 | semi annually | |
| 2011-05-03 | $0.02 | semi annually |
Omni-Lite Industries Canada Dividend per year
Omni-Lite Industries Canada Dividend Yield
Omni-Lite Industries Canada current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Omni-Lite Industries Canada stock? Use our calculator to estimate your expected dividend yield:
Omni-Lite Industries Canada Financial Ratios
P/E ratio12.39
PEG ratio0.12
P/B ratio0.63
ROE6.60%
Payout ratio0.00%
Current ratio5.23
Quick ratio2.82
Cash Ratio1.37
Omni-Lite Industries Canada Dividend FAQ
Does Omni-Lite Industries Canada stock pay dividends?
Omni-Lite Industries Canada does not currently pay dividends to its shareholders.
Has Omni-Lite Industries Canada ever paid a dividend?
No, Omni-Lite Industries Canada has no a history of paying dividends to its shareholders. Omni-Lite Industries Canada is not known for its dividend payments.
Why doesn't Omni-Lite Industries Canada pay dividends?
There are several potential reasons why Omni-Lite Industries Canada 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 Omni-Lite Industries Canada 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 Omni-Lite Industries Canada 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 Omni-Lite Industries Canada a dividend aristocrat?
Omni-Lite Industries Canada 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 Omni-Lite Industries Canada a dividend king?
Omni-Lite Industries Canada 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 Omni-Lite Industries Canada a dividend stock?
No, Omni-Lite Industries Canada 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 Omni-Lite Industries Canada stocks?
To buy Omni-Lite Industries Canada 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 Omni-Lite Industries Canada 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 Omni-Lite Industries Canada 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.