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Onyx Acquisition Co. I does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on general industrials sectors, such as aerospace and defense, air freight and logistics, airlines, building products, commercial services and supplies, construction and engineering, electrical equipment, industrial conglomerates, machinery, marine, professional services, road and rail, distributors, and transportation infrastructure, as well as the construction technology sector. The company was formerly known as Jumpball Construction Tech. Onyx Acquisition Co. I was incorporated in 2021 and is based in New York, New York.

Onyx Acquisition I Dividend Announcement

Onyx Acquisition I announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2004-11-22. Ex dividend date: 2004-11-04
Onyx Acquisition I's trailing twelve-month (TTM) dividend yield is -%

Onyx Acquisition I Dividend History

Ex-Div dateDividend amountDividend typePay date
2004-11-04$0.25quarterly2004-11-22
2004-08-11$0.25quarterly2004-08-27
2004-06-10$0.10quarterly2004-06-28

Onyx Acquisition I Dividend per year

Onyx Acquisition I Dividend Yield

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

Onyx Acquisition I Financial Ratios

P/E ratio-173.30
PEG ratio-1.73
P/B ratio-237.43
ROE-14.39%
Payout ratio0.00%
Current ratio0.02
Quick ratio0.02
Cash Ratio0.01

Onyx Acquisition I Dividend FAQ

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