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SOBR Safe, Inc. develops a non-invasive alcohol detection and identity verification systems. It engages in the development of SOBRcheck, a stationary identification and alcohol monitoring product; SOBRsure, a transdermal, alcohol-detecting wearable band; and SOBRSafe software platform for non-invasive alcohol detection and identity verification. The company was formerly known as TransBiotec, Inc. and changed its name to SOBR Safe, Inc. in March 2020. The company was founded in 2004 and is based in Greenwood Village, Colorado.

SOBRfe Dividend Announcement

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

SOBRfe Dividend History

SOBRfe Dividend Yield

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

SOBRfe Financial Ratios

P/E ratio-12.34
PEG ratio0.32
P/B ratio30.73
ROE-340.80%
Payout ratio0.00%
Current ratio2.01
Quick ratio1.80
Cash Ratio1.69

SOBRfe Dividend FAQ

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