Table of Contents

company-logo

PowerFleet, Inc. provides wireless Internet-of-Things asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence for organizations to capture IoT data from various types of assets with devices and sensors to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications. It also provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in manufacturing, automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, aerospace and defense, homeland security, and vehicle rental, logistics, shipping, and freight transportation markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and industrial equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

PowerFleet Dividend Announcement

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

PowerFleet Dividend History

PowerFleet Dividend Yield

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

PowerFleet Financial Ratios

P/E ratio-9.71
PEG ratio0.40
P/B ratio1.25
ROE-26.81%
Payout ratio-183.46%
Current ratio1.23
Quick ratio0.99
Cash Ratio0.28

PowerFleet Dividend FAQ

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