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Open Lending Corporation provides lending enablement and risk analytics solutions to credit unions, regional banks, and non-bank auto finance companies and captive finance companies of original equipment manufacturers in the United States. It offers Lenders Protection Program (LPP), which is a Software as a Service platform that facilitates loan decision making and automated underwriting by third-party lenders and the issuance of credit default insurance through third-party insurance providers. The company's LPP products include loan analytics, risk-based loan pricing, risk modeling, and automated decision technology for automotive lenders. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.

Open Lending Dividend Announcement

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

Open Lending Dividend History

Open Lending Dividend Yield

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

Open Lending Financial Ratios

P/E ratio112.81
PEG ratio7.05
P/B ratio3.20
ROE2.90%
Payout ratio0.00%
Current ratio13.32
Quick ratio13.32
Cash Ratio11.47

Open Lending Dividend FAQ

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