About Wave Systems, Inc. (WAVX) — Dividend Analysis 2026
WAVX is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in WAVX shares.
Is WAVX a good dividend investment in 2026?
WAVX offers a 2857.14% forward yield with a 50% payout ratio. Strand Safety Score: 30/100 (High Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
WAVX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your WAVX portfolio grows to $47888774836.07M vs $2.89M without reinvestment. This is the compound interest effect in action.
WAVX dividend growth history & forecast
WAVX has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 2857.14%.
Company generates negative FCF ($-16M) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum-0.0B → -0.0B → -0.0B
30 / 30 pts
30/30
Net income grew for 2 consecutive years — strong earnings momentum
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
30
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 WAVX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold WAVX.
Gross yield
2857.14%
Tax rate
15.00%
After-tax yield
2428.57%
Real yield (−CPI)
2425.77%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
2857.14%
2854.34%
$285,714 / yr
🇺🇸 US Taxable (15%) ✓
15%
2428.57%
2425.77%
$242,857 / yr
🇺🇸 US Taxable (20%)
20%
2285.71%
2282.91%
$228,571 / yr
🇬🇧 UK ISA
0%
2857.14%
2854.34%
$285,714 / yr
🇬🇧 UK Taxable
8.75%
2607.14%
2604.34%
$260,714 / yr
🇨🇦 TFSA
0%
2857.14%
2854.34%
$285,714 / yr
🇨🇦 CA Taxable
25%
2142.86%
2140.05%
$214,286 / yr
🇦🇺 Super (pension)
15%
2428.57%
2425.77%
$242,857 / yr
🇦🇺 AU Taxable
30%
2000.00%
1997.20%
$200,000 / yr
🇩🇪 DE Taxable
26.375%
2103.57%
2100.77%
$210,357 / yr
🇫🇷 FR Taxable
30%
2000.00%
1997.20%
$200,000 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 WAVX Income Goal & Break-Even
Dividend Break-Even
1yr
Years for dividends to fully repay your WAVX investment of $0.07/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$10395099273.21M
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$10395099273.21M
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in WAVX for:
Shares needed
14,118
Capital required
$988
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 WAVX Dividend Payment Schedule
WAVX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 WAVX vs Technology Benchmarks
How WAVX compares to typical Technology averages.
Benchmark: Technology
Dividend Yield▲+2855.74% vs sectorBetter
WAVX
2857.14%
avg
1.40%
5Y Dividend CAGR▼-9.40% vs sectorBelow avg
WAVX
0.00%
avg
9.40%
Payout Ratio▼+22.00% vs sectorBelow avg
WAVX
50.00%
avg
28.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for WAVX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ WAVX Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
BUSHNELL NOLAN K
director
A-Award
2015-06-18
62,500
—
—
BUSHNELL NOLAN K
director
A-Award
2014-06-19
15,000
$1.58
$23.7K
FRANKENBERG ROBERT J
director
A-Award
2014-06-19
15,000
$1.58
$23.7K
FRANKENBERG ROBERT J
director
A-Award
2013-06-20
15,000
$0.40
$6.0K
BUSHNELL NOLAN K
director
A-Award
2013-06-20
15,000
$0.40
$6.0K
BUSHNELL NOLAN K
director
A-Award
2012-06-19
15,000
$0.89
$13.3K
FRANKENBERG ROBERT J
director
A-Award
2012-06-19
15,000
$0.89
$13.3K
FRANKENBERG ROBERT J
director
A-Award
2011-12-20
15,000
$2.22
$33.3K
BUSHNELL NOLAN K
director
A-Award
2011-06-14
15,000
$2.34
$35.1K
BUSHNELL NOLAN K
director
M-Exempt
2010-06-24
10,000
$1.00
$10.0K
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🌍
Geographic Revenue Breakdown
Where WAVX earns its money
UNITED STATES66%
Europe26%
Asia8%
Revenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the WAVX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →