Table of Contents

company-logo

Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. It also provides Metron, an air delivery application that tracks the performance of various the vehicles deployed. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.

Workhorse Dividend Announcement

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

Workhorse Dividend History

Workhorse Dividend Yield

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

Workhorse Financial Ratios

P/E ratio-0.17
PEG ratio0.01
P/B ratio0.38
ROE-163.23%
Payout ratio0.00%
Current ratio1.43
Quick ratio0.31
Cash Ratio0.13

Workhorse Dividend FAQ

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