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Universal Security Instruments, Inc., together with its subsidiary, designs, markets, and distributes safety and security products for use in homes and businesses in the United States and internationally. It offers a line of safety alarms, including units powered by replaceable batteries, sealed batteries, and battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ventilation products, ground fault circuit interrupters, and other electrical devices under the UNIVERSAL and USI Electric trade names. The company provides its products to wholesale distributors; chain, discount, and television retailers; home center stores; catalog and mail order companies; electrical and lighting distributors, and manufactured housing companies; and other distributors. It also sells its products through independent sales organizations and sales representatives, as well as through its own sales catalogs and brochures, and website. The company was incorporated in 1969 and is headquartered in Owings Mills, Maryland.

Universal Security Instruments Dividend Announcement

• Universal Security Instruments announced a semi annually dividend of $0.05 per ordinary share which will be made payable on . Ex dividend date: 1978-06-14
• Universal Security Instruments's trailing twelve-month (TTM) dividend yield is -%

Universal Security Instruments Dividend History

Ex-Div dateDividend amountDividend typePay date
1978-06-14$0.05semi annually
1978-03-16$0.05semi annually
1977-12-16$0.05semi annually
1977-08-23$0.10semi annually

Universal Security Instruments Dividend per year

Universal Security Instruments Dividend Yield

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

Universal Security Instruments Financial Ratios

P/E ratio-20.65
PEG ratio-0.99
P/B ratio0.97
ROE-4.79%
Payout ratio0.00%
Current ratio1.64
Quick ratio0.87
Cash Ratio0.03

Universal Security Instruments Dividend FAQ

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