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Ascend Wellness Holdings, Inc. engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods. Its cannabis product categories include flowers, pre-rolls, concentrates, vapes, edibles, and other cannabis-related products. As of December 31, 2021, the company operated 20 retail locations. It also sells its products to third-party licensed cannabis retail stores. The company was incorporated in 2018 and is headquartered in New York, New York.

Ascend Wellness Dividend Announcement

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

Ascend Wellness Dividend History

Ascend Wellness Dividend Yield

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

Ascend Wellness Financial Ratios

P/E ratio-0.91
PEG ratio0.02
P/B ratio0.90
ROE-72.62%
Payout ratio0.00%
Current ratio1.47
Quick ratio0.80
Cash Ratio0.45

Ascend Wellness Dividend FAQ

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