company-logo

Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. The company offers recovery services to the clients in Federal guaranteed student loan program and private institutions; identifies and tracks defaulted borrowers across its clients' portfolios of student loans; rehabilitates and recovers past due student loans; provides tax recovery services to federal, state and municipal agencies; recovers government debt for various federal agencies; and offers audit and recovery services to identify improper healthcare payments for public and private healthcare clients. It also identifies improper payments resulting from incorrect coding, procedures that were not medically necessary, incomplete documentation, and claims submitted based on outdated fee schedules; and provides first party call center and other outsourced services. In addition, the company offers Performant Insight that provides various services, such as post- and pre-payment audit of healthcare claims, detection of fraud, waste and abuse of healthcare claims, coordination of benefits, and pharmacy fraud detection services. The company was formerly known as DCS Holdings, Inc. and changed its name to Performant Financial Corporation in 2005. Performant Financial Corporation was founded in 1976 and is headquartered in Livermore, California.

Performant Financial Dividend Announcement

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

Performant Financial Dividend History

Performant Financial Dividend Yield

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

Performant Financial Financial Ratios

P/E ratio-30.17
PEG ratio-0.15
P/B ratio3.27
ROE-10.52%
Payout ratio0.00%
Current ratio2.67
Quick ratio2.67
Cash Ratio0.54

Performant Financial Dividend FAQ

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