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Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

Rimini Street Dividend Announcement

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

Rimini Street Dividend History

Rimini Street Dividend Yield

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

Rimini Street Financial Ratios

P/E ratio-5.19
PEG ratio0.26
P/B ratio-2.27
ROE71.18%
Payout ratio0.00%
Current ratio0.71
Quick ratio0.71
Cash Ratio0.37

Rimini Street Dividend FAQ

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