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1933 Industries Inc. is a cannabis company in the US and Canada, specializing in medical and recreational marijuana. They offer CBD-infused products under various brands like Canna Hemp, including vape pens, lotions, and edibles. The company also provides cannabis flowers and concentrates. Headquartered in Vancouver, the company was formerly known as Friday Night Inc. and changed its name in 2018. Available online and in retail dispensaries.

1933 Industries Dividend Announcement

1933 Industries does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on 1933 Industries dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

1933 Industries Dividend History

1933 Industries Dividend Yield

1933 Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing 1933 Industries stock? Use our calculator to estimate your expected dividend yield:

1933 Industries Financial Ratios

P/E ratio-0.37
PEG ratio-0.07
P/B ratio-1.19
ROE291.94%
Payout ratio0.00%
Current ratio1.12
Quick ratio0.49
Cash Ratio0.10

1933 Industries Dividend FAQ

Does 1933 Industries stock pay dividends?
1933 Industries does not currently pay dividends to its shareholders.
Has 1933 Industries ever paid a dividend?
No, 1933 Industries has no a history of paying dividends to its shareholders. 1933 Industries is not known for its dividend payments.
Why doesn't 1933 Industries pay dividends?
There are several potential reasons why 1933 Industries would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will 1933 Industries ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While 1933 Industries has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is 1933 Industries a dividend aristocrat?
1933 Industries is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is 1933 Industries a dividend king?
1933 Industries is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is 1933 Industries a dividend stock?
No, 1933 Industries is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy 1933 Industries stocks?
To buy 1933 Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy 1933 Industries stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.