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Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk. The company serves financial services, insurance, healthcare, retail, and telecommunication companies; law enforcement and government agencies; and collections, corporate security, and investigative firms, as well as solutions used for purposes, such as risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective customers, distributors, resellers, strategic partners, and installed base of current customers, as well as through direct sales. Red Violet, Inc. was incorporated in 2017 and is headquartered in Boca Raton, Florida.

Red Violet Dividend Announcement

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

Red Violet Dividend History

Red Violet Dividend Yield

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

Red Violet Financial Ratios

P/E ratio26.12
PEG ratio-0.96
P/B ratio4.70
ROE18.23%
Payout ratio0.00%
Current ratio10.95
Quick ratio10.95
Cash Ratio8.39

Red Violet Dividend FAQ

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