company-logo

Spirit Technology Solutions Ltd. provides collaboration and communication, cyber security, and managed IT services in Australia. It offers collaboration and communication services, including integrated collaboration, voice, and video solutions with data and office technology for small businesses. The company also provides cyber security services, such as cyber managed services and solutions to corporate and enterprise customers through a 24/7 Security Operations Centre and professional service teams. In addition, it offers a range of managed IT and professional services, including end-user, public cloud, infrastructure and networking, data, and voice solutions to SMB and midmarket customers. The company was formerly known as Spirit Telecom Limited and changed its name to Spirit Technology Solutions Ltd. in October 2020. Spirit Technology Solutions Ltd. is based in Melbourne, Australia.

Spirit Technology Solutions Dividend Announcement

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

Spirit Technology Solutions Dividend History

Spirit Technology Solutions Dividend Yield

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

Spirit Technology Solutions Financial Ratios

P/E ratio-5.60
PEG ratio-0.06
P/B ratio0.81
ROE-17.31%
Payout ratio0.00%
Current ratio0.74
Quick ratio0.69
Cash Ratio0.17

Spirit Technology Solutions Dividend FAQ

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