Table of Contents

company-logo

Photomyne Ltd provides applications that let the user to scan, upload, store, share, and manage photos and albums. The company also lets the user to back up the photos on cloud as a subscription user. Its apps provide services that covers image detection, image perspectives, color correction, image rotation, black and white colorization, facial detection, and sharpening blurry photos. The company was incorporated in 2014 and is based in Bnei Brak, Israel.

Photomyne Dividend Announcement

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

Photomyne Dividend History

Photomyne Dividend Yield

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

Photomyne Financial Ratios

P/E ratio-69.25
PEG ratio1115.59
P/B ratio1.88
ROE-2.53%
Payout ratio0.00%
Current ratio3.03
Quick ratio3.03
Cash Ratio0.58

Photomyne Dividend FAQ

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