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Universal Power Industry Corporation designs, imports, and wholesales apparel under the Indigo People brand. It also identifies and acquires residential land for the development, as well as light income-producing commercial properties; and distributes fire suppression products. The company was formerly known as Code Navy and changed its name to Universal Power Industry Corporation in April 2016. Universal Power Industry Corporation was incorporated in 2007 and is based in Great Neck, New York.

Universal Power Industry Dividend Announcement

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

Universal Power Industry Dividend History

Universal Power Industry Dividend Yield

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

Universal Power Industry Financial Ratios

P/E ratio4.57
PEG ratio-0.05
P/B ratio0.14
ROE3.79%
Payout ratio0.00%
Current ratio0.54
Quick ratio0.54
Cash Ratio0.05

Universal Power Industry Dividend FAQ

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