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Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company develops BolaWrap 150, a hand-held remote restraint device that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2016 and is based in Tempe, Arizona.

Wrap Technologies Dividend Announcement

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

Wrap Technologies Dividend History

Wrap Technologies Dividend Yield

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

Wrap Technologies Financial Ratios

P/E ratio-4.29
PEG ratio0.34
P/B ratio11.38
ROE-379.95%
Payout ratio-1.05%
Current ratio1.15
Quick ratio0.56
Cash Ratio0.46

Wrap Technologies Dividend FAQ

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