Table of Contents

company-logo

Sphere 3D Corp. focuses on operating as a carbon neutral bitcoin mining company. It also provides data management solutions through hybrid cloud, cloud, and on-premises implementations directly and through its reseller network and professional services organization. Its products portfolio includes HVE-STACK high density server, which provides computer and storage appliance for the data centers; HVE-VELOCITY, a high availability dual enclosure storage area network that offers reliability and integrity for optimal data storage, protection, and recovery; HVE 3DGFX, a virtual desktop infrastructure solution; HVE STAGE, a server virtualization platform; and HVE VAULT, an appliance designed to handle requirements for backup and replication storage. In addition, it offers self-service and support services. Sphere 3D Corp. is based in Toronto, Canada.

Sphere 3D Dividend Announcement

• Sphere 3D does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Sphere 3D dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Sphere 3D Dividend History

Sphere 3D Dividend Yield

Sphere 3D current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Sphere 3D stock? Use our calculator to estimate your expected dividend yield:

Sphere 3D Financial Ratios

P/E ratio-2.69
PEG ratio0.06
P/B ratio0.83
ROE-28.76%
Payout ratio0.00%
Current ratio4.09
Quick ratio4.09
Cash Ratio1.39

Sphere 3D Dividend FAQ

Does Sphere 3D stock pay dividends?
Sphere 3D does not currently pay dividends to its shareholders.
Has Sphere 3D ever paid a dividend?
No, Sphere 3D has no a history of paying dividends to its shareholders. Sphere 3D is not known for its dividend payments.
Why doesn't Sphere 3D pay dividends?
There are several potential reasons why Sphere 3D 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 Sphere 3D 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 Sphere 3D 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 Sphere 3D a dividend aristocrat?
Sphere 3D 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 Sphere 3D a dividend king?
Sphere 3D 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 Sphere 3D a dividend stock?
No, Sphere 3D 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 Sphere 3D stocks?
To buy Sphere 3D 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 Sphere 3D 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.