Globalstar - Stock

Globalstar Dividend 2024

Globalstar Dividend

0 USD

Globalstar Dividend yield

Ticker

GSAT

ISIN

US3789734080

WKN

A0LBTE

How much dividend does Globalstar 2024 pay?

According to the latest status from July 2024, Globalstar paid a total of 0 USD per share in dividends within the last 12 months. With the current Globalstar price of 1.31 USD, this corresponds to a dividend yield of 0 %. A dividend is paid times per year.

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Historical Globalstar Dividends

A dividend is paid times per year. Last year, the payout months were and .

PaydateDividend

Is the Globalstar Dividend Safe?

Globalstar has been increasing the dividend for 0 years.

Over the past 10 years, Globalstar has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Dividend Details

Understanding Globalstar's Dividend Distributions

Globalstar’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Globalstar's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Globalstar's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Globalstar’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Globalstar Aktienanalyse

What does Globalstar do?

Globalstar Inc. is a leading provider of wireless satellite communication services. The company was founded in 1991 and has been listed on the NASDAQ in Milton, Louisiana, United States since 2006. The history of Globalstar began in the late 1980s when a team of engineers had the idea to offer satellite terminals, i.e. mobile telephony via satellites, at an affordable price. The result was the first low Earth orbit satellite communication system, which was also the first worldwide mobile satellite telephone system. The company experienced high sales in its early years and was able to attract large-scale investors who supported the creators of Globalstar. However, in the 2000s, the company fell into a crisis and eventually went bankrupt due to high debt. But in 2004, the company was able to return to the market after restructuring. Globalstar's business model is simple: it offers satellite communication services for the global mass market. The company is specialized in the areas of shipping, aviation, construction, energy supply, and disaster relief. Essentially, the company offers two main products: satellite phones and data services. Additionally, it also offers navigation services and devices for monitoring and controlling data transfers. Globalstar's products are used not only by the military but also by many other organizations such as UNESCO, the World Bank, and local NGOs. The focus is usually on those areas where conventional means of communication such as telephones or internet connections are currently unusable. The target groups are therefore mostly people who are traveling in extreme areas or moving in crisis-prone zones. The company is divided into four core areas: the first division of Globalstar is the satellite phone sector. These function precisely and reliably thanks to low Earth orbits. In addition, this significantly speeds up the connection setup. The handheld devices can be used by both individuals and large customers. The next division of Globalstar is the duplex data transmission sector. This is a technology that can transmit both voice and data. This technology is mainly used for transmitting weather data and tracking and monitoring systems. The next sector is the simplex data transmission sector. This is a technology where only data, but no voice, is transmitted. This technology is used, for example, for transmitting sensor or monitoring data. The last division of Globalstar is the Internet of Things (IoT) sector. This includes products and services specifically designed for use in industrial manufacturing or technology sectors. Overall, Globalstar is dependent on many factors, such as political, economic, and technological developments. Especially as more and more companies try to be active in the field of satellite communication. Large corporations such as Google or SpaceX have already launched their own communication satellites into orbit. However, with a total of 45 independent satellites, Globalstar has one of the highest numbers of satellites in its lower Earth orbit worldwide. Consequently, the company is also expanding into new, particularly remote areas and can thus remain innovative and competitive. In conclusion, Globalstar Inc. has developed into one of the top companies in the field of satellite communication services since its founding. The company offers a wide range of products and services and is able to meet the needs of companies in different industries. With growing demand and technological development in the satellite communication sector, the company also expects exciting prospects for the future. Globalstar is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Globalstar stock

How much dividend does Globalstar pay?

Over the past 12 months, Globalstar paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Globalstar is expected to pay a dividend of 0 USD.

What is the dividend yield of Globalstar?

The current dividend yield of Globalstar is .

When does Globalstar pay dividends?

Globalstar pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Globalstar?

Globalstar paid dividends every year for the past 0 years.

What is the dividend of Globalstar?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Globalstar located?

Globalstar is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Globalstar kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Globalstar from 7/9/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/9/2024.

When did Globalstar pay the last dividend?

The last dividend was paid out on 7/9/2024.

What was the dividend of Globalstar in the year 2023?

In the year 2023, Globalstar distributed 0 USD as dividends.

In which currency does Globalstar pay out the dividend?

The dividends of Globalstar are distributed in USD.

Andere Kennzahlen von Globalstar

Our stock analysis for Globalstar Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Globalstar Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.