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Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs macro defect inspection and 2D/3D optical metrology, lithography systems, and process control analytical software worldwide. It offers process and yield management solutions, and device packaging and test facilities through standalone systems for macro-defect inspection, packaging lithography, probe card test and analysis, and transparent and opaque thin film measurements; and process control software portfolio that includes solutions for standalone tools, groups of tools, and enterprise-or factory-wide suites. The company also provides spare parts and software licensing services. Its products are used by semiconductor and advanced packaging device manufacturers; silicon wafer; light emitting diode; vertical-cavity surface-emitting laser; micro-electromechanical system; CMOS image sensor; power device; RF filter; data storage; and various industrial and scientific applications. The company was formerly known as Rudolph Technologies, Inc. Onto Innovation Inc. was founded in 1940 and is headquartered in Wilmington, Massachusetts.

Onto Innovation Dividend Announcement

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

Onto Innovation Dividend History

Onto Innovation Dividend Yield

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

Onto Innovation Financial Ratios

P/E ratio46.67
PEG ratio1.94
P/B ratio4.49
ROE10.10%
Payout ratio0.00%
Current ratio10.07
Quick ratio7.94
Cash Ratio1.30

Onto Innovation Dividend FAQ

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