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Rackspace Technology, Inc. operates as a multi cloud technology services company worldwide. It operates through Multicloud Services and Apps & Cross Platform segments. The company's Multicloud Services segment provides public and private cloud managed services, which allow customers to determine, manage, and optimize the right infrastructure, platforms, and services; and professional services related to designing and building multi cloud solutions and cloud-native applications. Its Apps & Cross Platform segment includes managed applications; managed security services in the areas of security threat assessment and prevention, threat detection and response, rapid remediation, governance, and risk and compliance assistance across multiple cloud platforms, as well as privacy and data protection services, including detailed access restrictions and reporting; data services; and professional services related to designing and implementing application, security, and data services. Rackspace Technology, Inc. was founded in 1998 and is headquartered in San Antonio, Texas.

Rackspace Technology Dividend Announcement

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

Rackspace Technology Dividend History

Rackspace Technology Dividend Yield

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

Rackspace Technology Financial Ratios

P/E ratio-0.75
PEG ratio0.01
P/B ratio-0.61
ROE116.97%
Payout ratio0.00%
Current ratio0.84
Quick ratio0.84
Cash Ratio0.20

Rackspace Technology Dividend FAQ

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