River Tech p.l.c., a technology company, provides software solution services. It offers B2B technology products, as well as secure and tailormade solutions for the delivery of services within the online sphere. The company was incorporated in 2017 and is based in St Julian's, Malta.
River Tech Dividend Announcement
• River Tech announced a semi annually dividend of kr0.21 per ordinary share which will be made payable on 2024-09-12. Ex dividend date: 2024-09-02
• River Tech annual dividend for 2024 was kr0.43
• River Tech's trailing twelve-month (TTM) dividend yield is 2.32%
River Tech Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-02 | kr0.21 | semi annually | 2024-09-12 |
| 2024-04-11 | kr0.22 | semi annually | 2024-04-23 |
River Tech Dividend per year
River Tech Dividend Yield
River Tech current trailing twelve-month (TTM) dividend yield is 2.32%. Interested in purchasing River Tech stock? Use our calculator to estimate your expected dividend yield:
River Tech Financial Ratios
P/E ratio4.30
PEG ratio0.04
P/B ratio30.09
ROE673.02%
Payout ratio0.00%
Current ratio4.69
Quick ratio4.69
Cash Ratio3.25
River Tech Dividend FAQ
Does River Tech stock pay dividends?
River Tech does not currently pay dividends to its shareholders.
Has River Tech ever paid a dividend?
No, River Tech has no a history of paying dividends to its shareholders. River Tech is not known for its dividend payments.
Why doesn't River Tech pay dividends?
There are several potential reasons why River Tech 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.
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 River Tech 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 River Tech 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 River Tech a dividend aristocrat?
River Tech 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 River Tech a dividend king?
River Tech 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 River Tech a dividend stock?
No, River Tech 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 River Tech stocks?
To buy River Tech 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 River Tech 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.
Place an order: Use the brokerage's trading platform to place an order to buy River Tech 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.