Pioneer Power Solutions, Inc., together with its subsidiaries, designs, manufactures, sells, and services electric power systems, distributed energy resources, used and new power generation equipment, and mobile EV charging solutions in the United States, Canada, and internationally. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions. The Transmission & Distribution Solutions segment provides electric power systems, including e-Bloc, and distributed energy resources that help customers effectively and efficiently protect, control, transfer, monitor, and manage their electric energy requirements. It also provides low voltage switchgears and transfer switches. The Critical Power Solutions segment provides new and used power generation equipment, and aftermarket field-services to ensure smooth and uninterrupted power to operations during times of emergency. The company serves utility, industrial, commercial, and backup power markets. The company was incorporated in 2008 and is headquartered in Fort Lee, New Jersey. Pioneer Power Solutions, Inc. is a subsidiary of Provident Pioneer Partners, L.P.
Pioneer Power Solutions Dividend Announcement
• Pioneer Power Solutions announced a annually dividend of $0.12 per ordinary share which will be made payable on 2021-07-07. Ex dividend date: 2021-06-21
• Pioneer Power Solutions's trailing twelve-month (TTM) dividend yield is -%
Pioneer Power Solutions Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2021-06-21 | $0.12 | annually | 2021-07-07 |
2019-10-08 | $1.37 | annually |
Pioneer Power Solutions Dividend per year
Pioneer Power Solutions Dividend Yield
Pioneer Power Solutions current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Pioneer Power Solutions stock? Use our calculator to estimate your expected dividend yield:
Pioneer Power Solutions Financial Ratios
Pioneer Power Solutions Dividend FAQ
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.
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