Plug Power Inc. (PLUG) Dividend History

Plug Power Inc. is a provider of hydrogen fuel cell systems that convert hydrogen into electricity, primarily serving the material handling and stationary power markets. Founded in 1999 and headquartered in Latham, New York, the company focuses on developing clean energy solutions to replace conventional batteries and internal combustion engines in various applications, promoting sustainable energy infrastructure.

125 Vista Boulevard, Slingerlands, NY, 12159
Phone: (518) 782-7700
Website:

Dividend History

Plug Power Inc. currently does not pay dividends

Company News

  • Plug Power's CFO made a significant open-market purchase of the company's stock, but the article argues that this is not a strong signal for investors to follow. The company's ongoing inability to generate profits and organic cash, as well as its reliance on equity issuance, suggest it is not operating from a position of financial strength.

    The Motley Fool
  • Plug Power's Q1 report showed some positive progress, with increased revenue and improved gross margin. However, the company still posted a significant net loss and has a high cash burn rate. While Plug Power has ambitious plans to reach profitability by 2028, it faces challenges in reducing costs, growing its business, and securing funding for expansion projects.

    The Motley Fool
  • Plug Power has secured a new $525 million credit agreement and provided better-than-expected preliminary Q1 results, including sales guidance for Q2 that topped market expectations. The company also announced plans for substantial cost reductions this year.

    The Motley Fool
  • The global fuel cell catalyst layer market is projected to grow at a CAGR of 20.6% from 2024 to 2035, reaching a size of US$ 5.6 billion by 2035. The Asia-Pacific region is expected to dominate the market, driven by increasing adoption of hydrogen fuel cells, particularly in transportation and stationary power applications.

    GlobeNewswire Inc.
    Featured Companies: BLDP
  • Plug Power, a leader in fuel cells and hydrogen production, has made ambitious projections for 2025 and beyond, including achieving positive gross profit and operating income. However, the company has a history of overpromising and underdelivering, which raises concerns about the reliability of its forecasts.

    The Motley Fool
Dividend data last updated 06/06/2025 16:03:26 UTC