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Profire Energy, Inc., a technology company, provides burner, and combustion management systems and solutions for natural and forced draft applications in the United States and Canada. It primarily focuses on the upstream, midstream, and downstream transmission segments of the oil and gas industry. It also sells and installs its systems in Europe, South America, Africa, the Middle East, and Asia. The company was founded in 2002 and is based in Lindon, Utah.

Profire Energy Dividend Announcement

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

Profire Energy Dividend History

Profire Energy Dividend Yield

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

Profire Energy Financial Ratios

P/E ratio9.07
PEG ratio0.46
P/B ratio1.32
ROE15.34%
Payout ratio2.02%
Current ratio6.93
Quick ratio4.50
Cash Ratio1.35

Profire Energy Dividend FAQ

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