Table of Contents

company-logo

Sparta Commercial Services, Inc., a technology company, develops, markets, and manages business websites and mobile applications for smartphones and tablets under the iMobileApp name. It offers mobile applications for agriculture dealerships, racetracks, private clubs, country clubs, restaurants, and grocery stores. The company also owns and manages websites, which sell on-demand motorcycle, recreational vehicle, power-sport vehicle, and truck title history reports for consumers, retail dealers, auction houses, insurance companies, and banks/finance companies; and designs, launches, maintains, and hosts websites for businesses, as well as provides text messaging services. In addition, it offers eCommerce, customer relationship management development and integration, ordering system creation and integration, search engine optimization, social media marketing, and online reviews website services to its clients. Further, the company provides an equipment-leasing product for local and state agencies that helps to finance their essential equipment needs, including police motorcycles, cruisers, buses, fire trucks, and EMS equipment; and a range of hemp-derived cannabinol products through newworldhealthcbd.com. The company was incorporated in 1980 and is headquartered in New York, New York.

Sparta Commercial Services Dividend Announcement

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

Sparta Commercial Services Dividend History

Sparta Commercial Services Dividend Yield

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

Sparta Commercial Services Financial Ratios

P/E ratio-6.65
PEG ratio-0.07
P/B ratio-0.87
ROE13.03%
Payout ratio0.00%
Current ratio0.04
Quick ratio0.04
Cash Ratio0.01

Sparta Commercial Services Dividend FAQ

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