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Trans-Lux Corporation designs and manufactures digital display solutions and fixed digit scoreboards. It operates in two segments, Digital Product Sales; and Digital Product Lease and Maintenance. The Digital Product Sales segment sells indoor and outdoor digital product signage products. The Digital Product Lease and Maintenance segment is involved in the lease and maintenance of indoor and outdoor digital product signage. The company offers LED display systems for use by sports arenas and stadiums; financial institutions, including brokerage firms, banks, energy companies, insurance companies, and mutual fund companies; educational institutions; outdoor advertising companies; corporate and government communication centers; retail outlets; casinos, racetracks, and other gaming establishments; airports, train stations, bus terminals, and other transportation facilities; movie theatres; and health maintenance organizations, as well as in various other applications. It also provides TLVision, which consists of full-color video products for use in posting alphanumeric data and displaying of full HD video; and turnkey installation and support services. The company markets its products through direct sales representatives, and a network of independent dealers and distributors in the United States and Canada; and internal sales people and independent distributors in the rest of North America, Europe, the Middle East, South America, Africa, the Far East, and Australia. Trans-Lux Corporation was incorporated in 1920 and is headquartered in New York, New York.

Trans-Lux Dividend Announcement

Trans-Lux announced a quarterly dividend of $0.04 per ordinary share which will be made payable on . Ex dividend date: 2006-04-18
Trans-Lux's trailing twelve-month (TTM) dividend yield is -%

Trans-Lux Dividend History

Ex-Div dateDividend amountDividend typePay date
2006-04-18$0.04quarterly
2006-01-11$0.04quarterly
2005-10-05$0.04quarterly
2005-06-21$0.04quarterly
2005-04-18$0.04quarterly
2005-01-12$0.04quarterly
2004-10-06$0.04quarterly
2004-06-28$0.04quarterly
2004-04-16$0.04quarterly
2004-01-14$0.04quarterly
2003-10-08$0.04quarterly
2003-06-26$0.04quarterly
2003-04-08$0.04quarterly
2003-01-17$0.04quarterly
2002-10-04$0.04quarterly
2002-06-26$0.04quarterly
2002-04-08$0.04quarterly
2002-01-03$0.04quarterly
2001-10-04$0.04quarterly
2001-06-20$0.04quarterly
2001-04-03$0.04quarterly
2001-01-02$0.04quarterly
2000-10-04$0.04quarterly
2000-06-21$0.04quarterly
2000-03-30$0.04quarterly
1999-12-31$0.04quarterly
1999-10-06$0.04quarterly
1999-06-30$0.04quarterly
1999-03-31$0.04quarterly
1998-12-30$0.04quarterly
1998-10-07$0.04quarterly
1998-07-02$0.04quarterly
1998-04-02$0.04quarterly
1997-12-31$0.04quarterly
1997-10-08$0.04quarterly
1997-07-02$0.04quarterly
1997-03-20$0.04quarterly
1996-12-31$0.04quarterly
1996-10-02$0.04quarterly
1996-07-02$0.04quarterly
1996-03-27$0.04quarterly
1995-12-13$0.04quarterly
1995-09-18$0.04quarterly
1995-06-26$0.04quarterly
1995-03-27$0.04quarterly

Trans-Lux Dividend per year

Trans-Lux Dividend growth

Trans-Lux Dividend Yield

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

Trans-Lux Financial Ratios

P/E ratio-1.36
PEG ratio-0.06
P/B ratio-0.37
ROE30.25%
Payout ratio0.00%
Current ratio0.21
Quick ratio0.12
Cash Ratio0.01

Trans-Lux Dividend FAQ

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