Table of Contents

company-logo

VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access. It also offers a portfolio of licenses and services, such as VirnetX One, a security-as-a-service platform that protects enterprise applications, services, and infrastructure from cyber-attacks; GABRIEL Connection Technology software development kit to assist with rapid integration of its techniques into existing software implementations; and War Room software that offers safe and secure video conferencing meeting environment where sensitive communications and data is invisible to those not authorized to view it. In addition, the company provides GABRIEL Collaboration Suite that enables seamless and secure cross-platform communications between users' devices. It serves domain infrastructure and communication service providers, and system integrators; and enterprise customers, developers, and original equipment manufacturers of chips, servers, desktops, smart phones, tablets, laptops, net books, and other devices in the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets. The company was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada.

VirnetX Dividend Announcement

• VirnetX announced a semi annually dividend of $1.00 per ordinary share which will be made payable on . Ex dividend date: 2023-04-18
• VirnetX annual dividend for 2023 was $2.00
• VirnetX's trailing twelve-month (TTM) dividend yield is -%
• VirnetX's payout ratio for the trailing twelve months (TTM) is -374.62%

VirnetX Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-04-18$1.00semi annually
2023-04-06$1.00semi annually2023-04-17
2020-05-15$1.00semi annually2020-05-26
2010-06-29$0.50semi annually2010-07-15

VirnetX Dividend per year

VirnetX Dividend Yield

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

VirnetX Financial Ratios

P/E ratio-0.86
PEG ratio-0.06
P/B ratio0.36
ROE-37.66%
Payout ratio-374.62%
Current ratio6.17
Quick ratio6.17
Cash Ratio3.52

VirnetX Dividend FAQ

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