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Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides adjustable bases under the FlextFit, and smart beds under the Sleep Number 360 brands. The company sells its products directly to consumers through retail, online, phone, and chat as well as through its e-commerce activities. As of January 2, 2022, it operated approximately 648 retail stores in 50 states. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was founded in 1987 and is headquartered in Minneapolis, Minnesota.

Sleep Number Dividend Announcement

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

Sleep Number Dividend Yield

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

Sleep Number Financial Ratios

P/E ratio-8.80
PEG ratio-1.90
P/B ratio-0.80
ROE9.16%
Payout ratio0.00%
Current ratio0.19
Quick ratio0.09
Cash Ratio0.00

Sleep Number Dividend FAQ

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