Table of Contents

company-logo

Rocket Companies, Inc. engages in the tech-driven real estate, mortgage, and e-Commerce businesses in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; Rocket Auto, an automotive retail marketplace that provides centralized and virtual car sales support to online car purchasing platforms; and Rocket Loans, an online-based personal loans business. It also offer Core Digital Media, a digital social and display advertiser in the mortgage, insurance, and education sectors; Rocket Solar, which connect homeowners with digital financing solutions through a team of trained solar advisors; Truebill, a personal finance app that helps clients manage every aspect of their financial lives; Lendesk, a technology services company that provides a point of sale system for mortgage professionals and a loan origination system for private lenders; and Edison Financial, a digital mortgage broker. In addition, the company originates, closes, sells, and services agency-conforming loans. Rocket Companies, Inc. was founded in 1985 and is headquartered in Detroit, Michigan. Rocket Companies, Inc. operates as a subsidiary of Rock Holdings, Inc.

Rocket Companies Dividend Announcement

• Rocket Companies announced a annually dividend of $1.01 per ordinary share which will be made payable on 2022-03-22. Ex dividend date: 2022-03-07
• Rocket Companies's trailing twelve-month (TTM) dividend yield is -%
• Rocket Companies's payout ratio for the trailing twelve months (TTM) is 164.13%

Rocket Companies Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-03-07$1.01annually2022-03-22
2021-03-08$1.11annually2021-03-23

Rocket Companies Dividend per year

Rocket Companies Dividend Yield

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

Rocket Companies Financial Ratios

P/E ratio170.81
PEG ratio-14.59
P/B ratio3.39
ROE2.05%
Payout ratio164.13%
Current ratio6.89
Quick ratio6.89
Cash Ratio0.70

Rocket Companies Dividend FAQ

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