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Avid Bioservices, Inc., a contract development and manufacturing organization, provides process development and current good manufacturing practices (CGMP) clinical and commercial manufacturing services focused on biopharmaceutical drug substances derived from mammalian cell culture. The company produces monoclonal antibodies and recombinant proteins; and offers services, including CGMP clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing, and regulatory submission and support. It also provides various process development services, such as upstream and downstream development and optimization, analytical methods development, testing, and characterization. The company serves biotechnology and biopharmaceutical industries. The company was formerly known as Peregrine Pharmaceuticals, Inc. and changed its name to Avid Bioservices, Inc. in January 2018. Avid Bioservices, Inc. was incorporated in 1981 and is headquartered in Tustin, California.

Avid Biose Services Dividend Announcement

• Avid Biose Services announced a annually dividend of $0.66 per ordinary share which will be made payable on 2018-04-02. Ex dividend date: 2018-03-16
• Avid Biose Services's trailing twelve-month (TTM) dividend yield is -%

Avid Biose Services Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-03-16$0.66annually2018-04-02

Avid Biose Services Dividend per year

Avid Biose Services Dividend Yield

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

Avid Biose Services Financial Ratios

P/E ratio-5.41
PEG ratio0.27
P/B ratio13.30
ROE-119.29%
Payout ratio0.00%
Current ratio1.46
Quick ratio1.05
Cash Ratio0.47

Avid Biose Services Dividend FAQ

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