Torque Lifestyle Brands, Inc. develops, manufactures, and markets nutritional supplements for the sports industry in the United States. The company was formerly known as Commodore International Corp. and changed its name to Torque Lifestyle Brands, Inc. in August 2020. The company is headquartered in Wheat Ridge, Colorado.
Torque Lifestyle Brands Dividend Announcement
• Torque Lifestyle Brands does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Torque Lifestyle Brands dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Torque Lifestyle Brands Dividend History
Torque Lifestyle Brands Dividend Yield
Torque Lifestyle Brands current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Torque Lifestyle Brands stock? Use our calculator to estimate your expected dividend yield:
Torque Lifestyle Brands Financial Ratios
P/E ratio-3.01
PEG ratio0.18
P/B ratio283.71
ROE1946.19%
Payout ratio0.00%
Current ratio1.23
Quick ratio1.23
Cash Ratio0.03
Torque Lifestyle Brands Dividend FAQ
Does Torque Lifestyle Brands stock pay dividends?
Torque Lifestyle Brands does not currently pay dividends to its shareholders.
Has Torque Lifestyle Brands ever paid a dividend?
No, Torque Lifestyle Brands has no a history of paying dividends to its shareholders. Torque Lifestyle Brands is not known for its dividend payments.
Why doesn't Torque Lifestyle Brands pay dividends?
There are several potential reasons why Torque Lifestyle Brands 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.
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 Torque Lifestyle Brands 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 Torque Lifestyle Brands 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 Torque Lifestyle Brands a dividend aristocrat?
Torque Lifestyle Brands 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 Torque Lifestyle Brands a dividend king?
Torque Lifestyle Brands 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 Torque Lifestyle Brands a dividend stock?
No, Torque Lifestyle Brands 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 Torque Lifestyle Brands stocks?
To buy Torque Lifestyle Brands 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 Torque Lifestyle Brands 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.
Place an order: Use the brokerage's trading platform to place an order to buy Torque Lifestyle Brands 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.