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Acurx Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, develops antibiotics to treat bacterial infections. Its lead antibiotic candidate is ibezapolstat, a novel mechanism of action that targets the polymerase IIIC enzyme that has completed Phase II clinical trial to treat patients with clostridium difficile infections. The company is also developing ACX-375C, a potential oral and parenteral treatment targeting gram-positive bacteria, including methicillin-resistant staphylococcus aureus, vancomycin-resistant enterococcus, and penicillin-resistant streptococcus pneumoniae. Acurx Pharmaceuticals, Inc. was incorporated in 2017 and is headquartered in Staten Island, New York.

Acurx Pharmaceuticals Dividend Announcement

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

Acurx Pharmaceuticals Dividend History

Acurx Pharmaceuticals Dividend Yield

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

Acurx Pharmaceuticals Financial Ratios

P/E ratio-0.01
PEG ratio0.00
P/B ratio5.44
ROE-67679.28%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Acurx Pharmaceuticals Dividend FAQ

Does Acurx Pharmaceuticals stock pay dividends?
Acurx Pharmaceuticals does not currently pay dividends to its shareholders.
Has Acurx Pharmaceuticals ever paid a dividend?
No, Acurx Pharmaceuticals has no a history of paying dividends to its shareholders. Acurx Pharmaceuticals is not known for its dividend payments.
Why doesn't Acurx Pharmaceuticals pay dividends?
There are several potential reasons why Acurx Pharmaceuticals 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 Acurx Pharmaceuticals 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 Acurx Pharmaceuticals 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 Acurx Pharmaceuticals a dividend aristocrat?
Acurx Pharmaceuticals 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 Acurx Pharmaceuticals a dividend king?
Acurx Pharmaceuticals 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 Acurx Pharmaceuticals a dividend stock?
No, Acurx Pharmaceuticals 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 Acurx Pharmaceuticals stocks?
To buy Acurx Pharmaceuticals 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 Acurx Pharmaceuticals 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.