Table of Contents

company-logo

Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. The company develops, markets, implements, and supports XSellerator, a dealership management system that automates, integrates, and streamlines processes across departments in a dealership; and DealerMine CRM, a sales and service customer relationship management system, as well as a set of business development center services. It also offers Autovance, a retailing platform that helps dealerships attract more business through digital retailing, and enhances in-store profits and closing rates through its desking tool; and Accessible Accessories, a digital retailing platform that allows franchised dealerships to increase vehicle accessories revenue. In addition, the company offers software technology solutions and services to traditional and electric vehicle dealerships, and original equipment manufacturers. Quorum Information Technologies Inc. was founded in 1996 and is headquartered in Calgary, Canada.

Quorum Information Technologies Dividend Announcement

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

Quorum Information Technologies Dividend History

Quorum Information Technologies Dividend Yield

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

Quorum Information Technologies Financial Ratios

P/E ratio36.45
PEG ratio-0.42
P/B ratio2.30
ROE6.57%
Payout ratio0.00%
Current ratio2.12
Quick ratio2.12
Cash Ratio1.04

Quorum Information Technologies Dividend FAQ

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