Roku, Inc. Dividend History (ROKU)
Roku, Inc. does not pay dividends currently 😔
They might in the future, check back soon!
About Roku, Inc.
Roku, Inc. is a prominent player in the streaming industry, best known for its innovative streaming devices and smart TV platforms that bring a wide range of entertainment content directly to consumers' screens. Founded in 2002 by Anthony Wood, who also served as the company's CEO, Roku has become a household name in the United States and has expanded its reach internationally. The company went public in 2017, and it's headquartered in San Jose, California. Roku's platform supports thousands of channels, including major services like Netflix, Disney+, Amazon Prime Video, and Hulu, making it a versatile choice for cord-cutters and digital entertainment enthusiasts. The platform also gives marketers a robust space to reach consumers through its advertising solutions. In recent years, Roku has seen significant financial growth, with revenues exceeding $3 billion in 2022, driven by both device sales and platform services, including advertising. As of recent updates, Anthony Wood remains a key figure in guiding Roku's strategy and innovation as the world of streaming continues to evolve.
The Trade Desk launched a new streaming TV operating system called Ventura, which competes with Roku's platform. This sparked speculation that The Trade Desk could acquire Roku, leading to a surge in Roku's stock price. However, the article suggests the rumors are not a reason to buy Roku, though the company remains an attractive acquisition target due to its large user base and valuable viewer data.
The Motley Fool · Published on Wed Dec 04 2024Needham analyst Laura Martin believes Roku will be acquired at a premium in 2025 as retailers like Walmart and Amazon dive deeper into connected TV advertising. This could make Roku an attractive acquisition target due to its large user base and streaming hours.
The Motley Fool · Published on Wed Dec 04 2024Tech stocks and semiconductors led the market rally, with Apple hitting new all-time highs. However, the broader market showed weakness, with sectors outside of tech and consumer discretionary declining. The U.S. dollar surged, while Bitcoin retreated from recent highs.
Benzinga · Published on Mon Dec 02 2024