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SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company's first-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed into a ceiling's electrical outlet box; and second-generation technology provides a platform that is designed to enhance safety and lifestyle of homes and other buildings. It offers power-plugs; universal power-plug and receptacle products; and smart products. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is headquartered in Pompano Beach, Florida.

SKYX Platforms Dividend Announcement

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

SKYX Platforms Dividend History

SKYX Platforms Dividend Yield

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

SKYX Platforms Financial Ratios

P/E ratio-3.45
PEG ratio0.07
P/B ratio13.32
ROE-260.54%
Payout ratio0.00%
Current ratio0.76
Quick ratio0.61
Cash Ratio0.45

SKYX Platforms Dividend FAQ

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