Table of Contents

company-logo

RumbleON, Inc. operates a technology-based omnichannel platform to aggregate and distribute pre-owned vehicles in North America. It operates through three segments: Powersports, Automotive, and Vehicle Logistics. The Powersports segment distributes motorcycles. The Automotive segment distributes cars and trucks. The Vehicle Logistics segment provides automotive transportation services between dealerships and auctions. Its platform offers ability to buy, sell, trade, and finance new and pre-owned vehicles online or in store for dealers and consumers. The company was formerly known as Smart Server, Inc. and changed its name to RumbleON, Inc. in February 2017. RumbleON, Inc. was incorporated in 2013 and is based in Irving, Texas.

RumbleON Dividend Announcement

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

RumbleON Dividend History

RumbleON Dividend Yield

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

RumbleON Financial Ratios

P/E ratio-1.05
PEG ratio0.02
P/B ratio2.41
ROE-203.41%
Payout ratio0.00%
Current ratio1.12
Quick ratio0.29
Cash Ratio0.14

RumbleON Dividend FAQ

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