company-logo

Wolfspeed, Inc. provides silicon carbide and gallium nitride (GaN) materials, power devices, and radio frequency (RF) devices based on wide bandgap semiconductor materials and silicon. The company's silicon carbide and GaN materials comprise silicon carbide bare wafers, epitaxial wafers, and GaN epitaxial layers on silicon carbide wafers. It offers silicon carbide materials for customers to manufacture products for RF, power, and other applications. The company's power devices include silicon carbide Schottky diodes, metal oxide semiconductor field effect transistors (MOSFETs), power modules, and gate driver boards for customers and distributors to use in applications, such as electric vehicles comprising charging infrastructure, server power supplies, solar inverters, uninterruptible power supplies, industrial power supplies, and other applications. Its RF devices comprise GaN-based die, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors for telecommunications infrastructure, military, and other commercial applications. The company's products are also used in transportation, fast charging, wireless systems, 5G, motor drives, renewable energy and storage, and aerospace and defense applications; and materials products and RF devices are used in military communications, radar, satellite, and telecommunication applications. It serves customers in North America, Asia, and Europe. The company was formerly known as Cree, Inc. and changed its name to Wolfspeed, Inc. in October 2021. Wolfspeed, Inc. was founded in 1987 and is headquartered in Durham, North Carolina.

Wolfspeed Dividend Announcement

Wolfspeed announced a annually dividend of $0.00 per ordinary share which will be made payable on . Ex dividend date: 2021-09-24
Wolfspeed's trailing twelve-month (TTM) dividend yield is -%

Wolfspeed Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-09-24$0.00annually

Wolfspeed Dividend per year

Wolfspeed Dividend Yield

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

Wolfspeed Financial Ratios

P/E ratio-1.87
PEG ratio0.05
P/B ratio1.85
ROE-81.16%
Payout ratio0.00%
Current ratio4.51
Quick ratio3.82
Cash Ratio1.57

Wolfspeed Dividend FAQ

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