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Tyro Payments Limited provides payment solutions to merchants in Australia. The company operates through Payments and Banking segments. It offers electronic funds transfer at point of sale (EFTPOS) solutions, business loans, and banking solutions. The company also acquires credit, debit, and EFTPOS cards; and offers Medicare and private health fund claiming and rebating services. In addition, it provides complementary banking solutions, including merchant cash advance, transaction account, and a term-deposit account. Further, the company offers Tyro Go, a mobile payment card reader; Tyro Connect that integrates apps and services with POS system designed for cafes, restaurants, QSRs, pubs, clubs, and bars; and Medipass, a digital health payment platform that links practitioners, funders, and patients. It primarily serves health, hospitality, services, corporate, accommodation, and retail industries. The company was incorporated in 2003 and is based in Sydney, Australia.

Tyro Payments Dividend Announcement

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

Tyro Payments Dividend History

Tyro Payments Dividend Yield

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

Tyro Payments Financial Ratios

P/E ratio0.89
PEG ratio0.07
P/B ratio2.32
ROE276.59%
Payout ratio0.00%
Current ratio1.14
Quick ratio1.13
Cash Ratio0.31

Tyro Payments Dividend FAQ

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