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Pineapple Financial Inc. operates as a mortgage technology and brokerage company in Canada. The company offers mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers through data-driven systems together with cloud based tools. The company also operates MyPineapple technology platform, which allows users to conduct their brokerage services. In addition, it offers back office support services, such as digital and automated onboarding and set up, loan packaging and processing, digital document collection and client portal, loan maintenance, payroll, lender communication, reporting requirements for regulators and business management, cloud services, expense collections, document preparation, compliance, training, administration, and marketing. Further, the company provides pre-underwriting support services, including credit review, data validation, fraud analysis and compliance, appraisal ordering and review, and data analytics. Additionally, it offers various insurance products, such as life, accident and disability, critical illness, and credit insurance. Pineapple Financial Inc. was formerly known as 2487269 Ontario Ltd and changed its name to Pineapple Financial Inc. in June 2021. The company was founded in 2016 and is based in North York, Canada.

Pineapple Financial Dividend Announcement

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

Pineapple Financial Dividend History

Pineapple Financial Dividend Yield

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

Pineapple Financial Financial Ratios

P/E ratio-1.22
PEG ratio-0.01
P/B ratio1.79
ROE-115.44%
Payout ratio0.00%
Current ratio1.53
Quick ratio1.53
Cash Ratio0.80

Pineapple Financial Dividend FAQ

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