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Progyny, Inc., a benefits management company, specializes in fertility and family building benefits solutions for employers in the United States. Its fertility benefits solution includes differentiated benefits plan design, personalized concierge-style member support services, and selective network of fertility specialists. The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides its members with access to the medications needed during their treatment. In addition, it provides surrogacy and adoption reimbursement programs for employers. The company was formerly known as Auxogyn, Inc. and changed its name to Progyny, Inc. in 2015. Progyny, Inc. was incorporated in 2008 and is headquartered in New York, New York.

Progyny Dividend Announcement

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

Progyny Dividend Yield

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

Progyny Financial Ratios

P/E ratio24.91
PEG ratio-5.36
P/B ratio3.28
ROE11.36%
Payout ratio0.00%
Current ratio2.62
Quick ratio2.62
Cash Ratio0.44

Progyny Dividend FAQ

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