Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Red Violet, Inc. is a publicly traded data and analytics company that provides identity intelligence solutions primarily to enterprises, government agencies, and professional users. The company operates in the identity intelligence, risk management, fraud detection, and public safety industries, delivering technology that enables customers to verify identities, assess risk, and make informed decisions using large-scale public and proprietary data sets. Its offerings are designed to support use cases such as due diligence, fraud prevention, regulatory compliance, and officer safety.
The company generates revenue mainly through subscription-based and usage-based access to its platforms, which aggregate and analyze structured and unstructured data. Red Violet is positioned as a specialized provider with a focus on high-performance analytics, near real-time data access, and purpose-built tools for regulated and professional markets. The company was formed in 2018 as a spin-off from Cogint, Inc., allowing it to operate as a pure-play identity intelligence business with a dedicated management team and strategic focus.
Business Operations
Red Violet operates through two primary business segments: IDI, which serves enterprise and government customers, and FOREWARN, which focuses on real estate professionals and public safety users. The IDI segment delivers its core identity intelligence platform, idiCORE, offering access to billions of public and proprietary records through APIs and web-based interfaces. Revenue in this segment is largely driven by long-term contracts, subscriptions, and transaction-based pricing models.
The FOREWARN segment provides a mobile and web-based application that enables users to verify identities and assess potential risk before in-person interactions. Operations are predominantly domestic, with the majority of revenue generated in the United States, though the company supports select international customers. Red Violet controls its proprietary data integration technology and analytics infrastructure and operates primarily through its wholly owned subsidiary, redviolet, LLC.
Strategic Position & Investments
Red Violet’s strategy centers on expanding its data assets, enhancing analytical capabilities, and deepening penetration in regulated and professional markets. Growth initiatives include product enhancements to improve data accuracy and speed, expansion of API-based offerings, and increased cross-selling between the IDI and FOREWARN platforms. The company emphasizes recurring revenue and high customer retention as core strategic objectives.
Historically, Red Violet has pursued disciplined, targeted investments rather than large-scale acquisitions, focusing on organic growth and internal technology development. It continues to invest in machine learning, entity resolution, and data-linking technologies to improve identity matching and risk scoring. Public disclosures indicate no material acquisitions since its formation, and data inconclusive based on available public sources regarding significant joint ventures or minority equity investments.
Geographic Footprint
Red Violet is headquartered in Boca Raton, Florida, and its operations are primarily concentrated in North America. The company’s customer base is predominantly located in the United States, particularly within the financial services, insurance, legal, government, and real estate sectors. Its platforms are designed to support nationwide coverage of U.S. data sources.
While international operations are limited, Red Violet reports some exposure to customers outside the United States through its enterprise offerings. The company does not currently maintain a broad physical office footprint outside its U.S. headquarters, and its international presence is largely supported through digital delivery of services rather than localized infrastructure.
Leadership & Governance
Red Violet is led by an executive team with experience in data analytics, technology, and public company governance. The leadership emphasizes disciplined growth, high-margin recurring revenue, and compliance-driven product development, reflecting the regulated nature of its end markets.
Key executives include:
- Scott T. Scheel – Chief Executive Officer and President
- Gary H. Nichols – Chief Financial Officer
- Dan McCabe – President, FOREWARN
The company operates under a board-governed structure consistent with U.S. public company standards, with oversight of strategy, risk management, and executive compensation as disclosed in its SEC filings.