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Retractable Technologies, Inc. designs, develops, manufactures, and markets safety syringes and other safety medical products for the healthcare profession in the United States, rest of North and South America, and internationally. It offers VanishPoint insulin syringes; tuberculin, insulin, and allergy antigen syringes; small diameter tube adapters; blood collection tube holders; allergy trays; IV safety catheters; Patient Safe syringes and Luer Caps; VanishPoint blood collection sets; EasyPoint needles; and VanishPoint autodisable syringes. The company distributes its products through general line and specialty distributors, as well as through international distributors; and a direct marketing network. Retractable Technologies, Inc. was incorporated in 1994 and is headquartered in Little Elm, Texas.

Retractable Technologies Dividend Announcement

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

Retractable Technologies Dividend History

Retractable Technologies Dividend Yield

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

Retractable Technologies Financial Ratios

P/E ratio-1.21
PEG ratio0.13
P/B ratio0.25
ROE-18.62%
Payout ratio-1.30%
Current ratio9.51
Quick ratio6.54
Cash Ratio0.92

Retractable Technologies Dividend FAQ

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