Table of Contents

company-logo

SCWorx Corp. develops and markets health care information technology solutions and related services to improve healthcare processes and information flow within hospitals and other healthcare facilities in the United States. The company provides data content and services related to repair, normalization, and interoperability of information for healthcare providers, as well as big data analytics for the healthcare industry. It also offers virtualized item master file repair, expansion and automation; EMR management; CDM management; contract management; request for proposal automation; rebate management; integration of acquired management; big data analytics modeling; data integration and warehousing; and ScanWorx. In addition, the company operates an online event ticketing platform focused on serving regional mixed martial arts. In addition, it offers CageTix, a ticketing platform for mixed martial arts industry. Further, the company focuses on selling personal protective equipment and COVID-19 rapid test kits. It sells its solutions and services to hospitals and health systems through its direct sales force, and distribution and reseller partnerships. SCWorx Corp. is based in New York, New York.

SCWorx Dividend Announcement

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

SCWorx Dividend Yield

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

SCWorx Financial Ratios

P/E ratio-0.38
PEG ratio0.03
P/B ratio0.41
ROE-91.06%
Payout ratio0.00%
Current ratio0.23
Quick ratio0.23
Cash Ratio0.01

SCWorx Dividend FAQ

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