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Taylor Devices, Inc. engages in design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in North America, Asia, and internationally. Its products include seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of the Fluidicshoks for industrial application on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys, and car stops. The company's products also comprise self-adjusting shock absorbers that include versions of Fluidicshoks, and crane and industrial buffers, which automatically adjust to various impact conditions and are designed for high cycle application primarily in the heavy industry; liquid die springs that are used as component parts of machinery and equipment used in the manufacture of tools and dies; vibration dampers, which are primarily used by aerospace and defense industries to control the response of electronics and optical systems subjected to air, ship, or spacecraft vibration; machined springs used in the aerospace applications; and custom actuators for special aerospace and defense applications. It markets its products through a network of sales representatives and distributors. The company was incorporated in 1955 and is headquartered in North Tonawanda, New York.

Taylor Devices Dividend Announcement

• Taylor Devices announced a annually dividend of $0.02 per ordinary share which will be made payable on 1989-12-30. Ex dividend date: 1989-12-04
• Taylor Devices's trailing twelve-month (TTM) dividend yield is -%

Taylor Devices Dividend History

Ex-Div dateDividend amountDividend typePay date
1989-12-04$0.02annually1989-12-30

Taylor Devices Dividend per year

Taylor Devices Dividend Yield

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

Taylor Devices Financial Ratios

P/E ratio14.47
PEG ratio3.42
P/B ratio2.64
ROE18.95%
Payout ratio0.00%
Current ratio6.02
Quick ratio5.00
Cash Ratio0.27

Taylor Devices Dividend FAQ

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