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Tactile Systems Technology, Inc., a medical technology company, engages in the development and provision of medical devices for chronic diseases in the United States. The company offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema; Entre system, a portable pneumatic compression device that is used for the at-home treatment of venous disorders, such as lymphedema and chronic venous insufficiency, including venous leg ulcers; and AffloVest, a portable high frequency chest wall oscillation test for the treatment of retained pulmonary secretions such as bronchiectasis, cystic fibrosis, and various neuromuscular disorders. The company was incorporated in 1995 and is headquartered in Minneapolis, Minnesota.

Tactile Systems Technology Dividend Announcement

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

Tactile Systems Technology Dividend History

Tactile Systems Technology Dividend Yield

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

Tactile Systems Technology Financial Ratios

P/E ratio29.38
PEG ratio-6.27
P/B ratio2.18
ROE7.76%
Payout ratio0.00%
Current ratio4.37
Quick ratio3.80
Cash Ratio2.21

Tactile Systems Technology Dividend FAQ

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