Purple Innovation Stock

Purple Innovation Dividend 2024

Purple Innovation Dividend

0 USD

Purple Innovation Dividend yield

0.1 %

Ticker

PRPL

ISIN

US74640Y1064

WKN

A2JDGR

How much dividend does Purple Innovation 2024 pay?

According to the latest status from September 2024, Purple Innovation paid a total of 0 USD per share in dividends within the last 12 months. With the current Purple Innovation price of 1.02 USD, this corresponds to a dividend yield of 0.1 %. A dividend is paid times per year.

0.1 % Dividend Yield=
0 USD Dividend
1.02 USD Stock Price

Historical Purple Innovation Dividends

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

PaydateDividend
5/27/20230
1

Purple Innovation dividend history and estimates

In 2023, Purple Innovation paid a dividend amounting to 0 USD. Dividend means that Purple Innovation distributes a portion of its profits to its owners.
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Dividend
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Dividend

Dividend Overview

The dividend per year chart for Purple Innovation provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Purple Innovation’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Purple Innovation's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Purple Innovation Dividend History

DatePurple Innovation Dividend
20230 undefined

Is the Purple Innovation Dividend Safe?

Purple Innovation has been increasing the dividend for 1 years.

Over the past 9 years, Purple Innovation 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 Purple Innovation's Dividend Distributions

Purple Innovation’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 Purple Innovation'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

Purple Innovation'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 Purple Innovation’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.

Purple Innovation Aktienanalyse

What does Purple Innovation do?

Purple Innovation Inc is an American company that was founded in Utah in 1989. Originally known as Comfortaire Corporation, the company produced air mattresses. In 2015, the name was changed to Purple Innovation Inc to emphasize the focus on developing innovative products. The company specializes in the production of mattresses and pillows. Purple Innovation mattresses are unique in their construction, consisting of a combination of polymer grid and foam. This provides excellent body support and a comfortable sleep surface. The company also offers a wide range of pillows, bedding, and other products to enhance the sleep experience. One of Purple Innovation's key business models is direct marketing. The company sells its products directly to consumers through the internet and other online sales channels. This allows the company to offer its products at a lower price than traditional retailers. By eliminating intermediaries, the company can also maintain control over product quality and reduce costs. The company has also formed partnerships with retailers and e-commerce platforms such as Amazon and Walmart. This allows the company to expand its reach and reach a wider customer base. In addition to mattresses and pillows, Purple Innovation has also developed a line of seat cushions. These cushions are made from the same polymer grid as the mattresses and provide a comfortable and supportive seating surface. These cushions are particularly practical for people who spend long periods of time sitting at a desk, such as office workers or gamers. Purple Innovation is also known for its innovative marketing strategy. The company uses humorous and crazy commercials to attract attention and appeal to customers. An example is the famous commercial with the "Goldie Test," in which actress and comedian Goldie Hawn jumps on a mattress made of polymer grid to demonstrate its quality. The company has also developed concepts in social responsibility. Purple Innovation aims to reduce its environmental impact. The company uses recycled materials to make its mattresses and pillows and promotes efficient production. In summary, Purple Innovation Inc is an innovative company specializing in the development and manufacture of mattresses, pillows, and seat cushions. Their unique polymer grid system provides comfort and support, creating a unique market niche. The company's direct marketing model allows for cost reduction and process control, while the use of online platforms and retailers expands the company's reach. With its humorous and crazy marketing campaigns, the company is also able to stand out from the competition and attract customer attention. Purple Innovation is one of the most popular companies on Eulerpool.com.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Frequently Asked Questions about Purple Innovation stock

How much dividend does Purple Innovation pay?

Over the past 12 months, Purple Innovation paid a dividend of 0 USD . This corresponds to a dividend yield of about 0.1 %. For the coming 12 months, Purple Innovation is expected to pay a dividend of 0 USD.

What is the dividend yield of Purple Innovation?

The current dividend yield of Purple Innovation is 0.1 %.

When does Purple Innovation pay dividends?

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

How secure is the dividend of Purple Innovation?

Purple Innovation paid dividends every year for the past 0 years.

What is the dividend of Purple Innovation?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0.1 %.

In which sector is Purple Innovation located?

Purple Innovation is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Purple Innovation from 7/1/2023 amounting to 0.001 USD, you needed to have the stock in your portfolio before the ex-date on 4/27/2023.

When did Purple Innovation pay the last dividend?

The last dividend was paid out on 7/1/2023.

What was the dividend of Purple Innovation in the year 2023?

In the year 2023, Purple Innovation distributed 0 USD as dividends.

In which currency does Purple Innovation pay out the dividend?

The dividends of Purple Innovation are distributed in USD.

Andere Kennzahlen von Purple Innovation

Our stock analysis for Purple Innovation 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 Purple Innovation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.