Solarwinds Corp (SWI) has disclosed a new risk, in the Accounting & Financial Operations category.
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SolarWinds Corp has not issued a cash dividend to its shareholders since the disbursement aligned with the N-able spin-off in July 2021. This position reflects a significant business risk for investors seeking regular income streams from their shareholdings. The company’s board of directors retains full discretion over dividend payments, which are contingent on a variety of factors, including financial performance and legal constraints. Consequently, investors’ potential gains are primarily reliant on the appreciation of SolarWinds’ stock value in the market.
Overall, Wall Street has a Hold consensus rating on SWI stock based on 1 Buy, 1 Sell and 5 Holds.
To learn more about Solarwinds Corp’s risk factors, click here.