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Thrive Tribe Technologies Limited, together with its subsidiaries, develops cloud-based Software-as-a-Service solutions that provides employee engagement solutions in Australia. The company operates in two segments, Wooboard Technologies and WooBoard Software as a Service Products. Its solutions include WooBoard, a peer-to-peer employee recognition platform. The company's solutions focus on mental health and wellbeing, skill building, and performance optimization of employees. It serves enterprises, employees, customers, and other supply chain stakeholders. The company was formerly known as Wooboard Technologies Limited and changed its name to Thrive Tribe Technologies Limited in April 2023. Thrive Tribe Technologies Limited was incorporated in 2014 and is based in Sydney, Australia.

Thrive Tribe Technologies Dividend Announcement

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

Thrive Tribe Technologies Dividend History

Thrive Tribe Technologies Dividend Yield

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

Thrive Tribe Technologies Financial Ratios

P/E ratio-0.16
PEG ratio-0.00
P/B ratio0.12
ROE-111.56%
Payout ratio0.00%
Current ratio1.84
Quick ratio1.83
Cash Ratio0.16

Thrive Tribe Technologies Dividend FAQ

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