Table of Contents

company-logo

Route1 Inc. provides data security and user authentication, data acquisition and analytics, data visualization technology solutions in the United States and Canada. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; and MobiNET and DEFIMNET, which are universal identity management and service delivery platforms. It also provides ActionPLAN that captures and interprets the data in the form of actionable work orders to deliver real time and quantitative industrial process data and analytics to help pinpoint the exact sources of unplanned downtime; ScreenSTOP, an intelligent in-motion screen masking solution to reduce operator distraction for forklifts; and AutoVu, an automatic license plate recognition system to locate vehicles of interest and enforce parking restrictions. In addition, the company offers rugged devices, such as laptops and notebooks, tablets, handhelds and scanners, printers, vehicle docking stations and mounts, WiFi networks, mobile wireless, mobile antennas and wireless accessories, and mobile video and video accessories, as well as computing, printing and scanning accessories. It serves federal government, manufacturing, financial service, healthcare, manufacturing, parking, and public safety, as well as oil, gas, and utility industries. Route1 Inc. is headquartered in Toronto, Canada.

Route1 Dividend Announcement

• Route1 does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Route1 dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Route1 Dividend History

Route1 Dividend Yield

Route1 current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Route1 stock? Use our calculator to estimate your expected dividend yield:

Route1 Financial Ratios

P/E ratio-1.12
PEG ratio-0.01
P/B ratio20.05
ROE-177.28%
Payout ratio0.00%
Current ratio0.31
Quick ratio0.24
Cash Ratio0.02

Route1 Dividend FAQ

Does Route1 stock pay dividends?
Route1 does not currently pay dividends to its shareholders.
Has Route1 ever paid a dividend?
No, Route1 has no a history of paying dividends to its shareholders. Route1 is not known for its dividend payments.
Why doesn't Route1 pay dividends?
There are several potential reasons why Route1 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 Route1 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 Route1 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 Route1 a dividend aristocrat?
Route1 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 Route1 a dividend king?
Route1 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 Route1 a dividend stock?
No, Route1 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 Route1 stocks?
To buy Route1 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 Route1 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.