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SurgePays, Inc., a financial technology and telecommunications company, provides services to the underbanked community in the United States. Its blockchain platform utilizes a suite of financial and prepaid products to convert corner stores and bodegas into tech-hubs for underbanked neighborhoods. The company offers voice and SMS text messaging services to subsidized and direct retail prepaid customers, as well as to low-income consumers. It also offers subsidized mobile broadband services to consumers in California, Colorado, Florida, Illinois, Maryland, Mississippi, Missouri, Nevada, New Jersey, Ohio, Oklahoma, Rhode Island, Tennessee, and Texas, as well as prepaid wireless plans. In addition, the company provides marketing business intelligence, plaintiff generation, and case load management solutions primarily to law firms in the mass tort industry. Further, it operates a bilingual operations center offering the Company with sales support, customer service, IT infrastructure design, graphic media, database programming, software development, revenue assurance, lead generation, and other various operational support services. The company is headquartered in Bartlett, Tennessee.

SurgePays Dividend Announcement

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

SurgePays Dividend History

SurgePays Dividend Yield

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

SurgePays Financial Ratios

P/E ratio-20.63
PEG ratio0.52
P/B ratio0.69
ROE-3.98%
Payout ratio0.00%
Current ratio7.38
Quick ratio6.11
Cash Ratio5.82

SurgePays Dividend FAQ

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