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OceanTech Acquisitions I (OceanTech Acquisitions I) Dividend Yield % : 0.00% (As of Jun. 06, 2024)


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What is OceanTech Acquisitions I Dividend Yield %?

As of today (2024-06-06), the Trailing Annual Dividend Yield of OceanTech Acquisitions I is 0.00%.

The historical rank and industry rank for OceanTech Acquisitions I's Dividend Yield % or its related term are showing as below:

OTAC's Dividend Yield % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.495
* Ranked among companies with meaningful Dividend Yield % only.

OceanTech Acquisitions I's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

As of today (2024-06-06), the Forward Dividend Yield % of OceanTech Acquisitions I is 0.00%.

OceanTech Acquisitions I's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


OceanTech Acquisitions I Dividend Yield % Historical Data

The historical data trend for OceanTech Acquisitions I's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OceanTech Acquisitions I Dividend Yield % Chart

OceanTech Acquisitions I Annual Data
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Dividend Yield %
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OceanTech Acquisitions I Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of OceanTech Acquisitions I's Dividend Yield %

For the Shell Companies subindustry, OceanTech Acquisitions I's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OceanTech Acquisitions I's Dividend Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, OceanTech Acquisitions I's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where OceanTech Acquisitions I's Dividend Yield % falls into.



OceanTech Acquisitions I Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


OceanTech Acquisitions I  (OTCPK:OTAC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


OceanTech Acquisitions I Dividend Yield % Related Terms

Thank you for viewing the detailed overview of OceanTech Acquisitions I's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


OceanTech Acquisitions I (OceanTech Acquisitions I) Business Description

Traded in Other Exchanges
N/A
Address
515 Madison Avenue, 8th Floor - Suite 8133, New York, NY, USA, 10022
Website
OceanTech Acquisitions I Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Knuettel Ii Francis officer: Chief Financial Officer 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Aspire Acquistion Llc 10 percent owner 515 MADISON AVE., SUITE 8078, NEW YORK NY 10022
Srinivasan Venkatesh director 2 CEDAR GATE COURT, LIVINGSTON NJ 07039
Siva Saravanan director 334 REZZO STREET, LAS VEGAS NV 89138
Donald G. Fell director 17537 DARBY LANE, LUTZ FL 33558
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Mitchell I Gordon director C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVENUE, 8TH FL - SUITE 8133, NEW YORK NY 10022
Philippe Franchet director C/O OCEANTECH ACQUISITONS I CORP, 515 MADISON AVENUE, NEW YORK X1 1002
Ken Hickling officer: Chief Operations Officer C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE, 8TH FLOOR - SUITE 8133, NEW YORK NY 10022
Charles Baumgartner officer: Chief Financial Officer C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE., 8TH FLOOR - SUITE 8133, NEW YORK NY 10022
Joseph Adir director, 10 percent owner, officer: Chief Executive Officer C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE., 8TH FLOOR - SUITE 8133, NEW YORK NY 10022
Eric Blair director C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE., 8TH FLOOR - SUITE 8133, NEW YORK NY 10022
Oceantech Acquisitions I Sponsors Llc 10 percent owner C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE, 8TH FLOOR - SUITE8133, NEW YORK NY 10022

OceanTech Acquisitions I (OceanTech Acquisitions I) Headlines

From GuruFocus

OceanTech Acquisitions I Corp. Announces Redemption of Shares

By Business Wire Business Wire 06-07-2023