Table of Contents

company-logo

OptimumBank Holdings, Inc. operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses. It accepts demand interest-bearing and noninterest-bearing, savings, money market, NOW, and time deposit accounts, as well as certificates of deposit; and offers residential and commercial real estate, multi-family real estate, commercial, land and construction, and consumer loans, as well as lending lines for working capital needs. The company also provides debit and ATM cards; investment, cash management, notary, and night depository services; and direct deposits, money orders, cashier's checks, domestic collections, and banking by mail, as well as internet banking services. It operates through two banking offices located in Broward County, Florida. The company was founded in 2000 and is based in Fort Lauderdale, Florida.

OptimumBank Dividend Announcement

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

OptimumBank Dividend History

OptimumBank Dividend Yield

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

OptimumBank Financial Ratios

P/E ratio4.82
PEG ratio0.15
P/B ratio0.54
ROE12.66%
Payout ratio0.00%
Current ratio0.41
Quick ratio0.56
Cash Ratio0.40

OptimumBank Dividend FAQ

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