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Avidity Biosciences, Inc., a biopharmaceutical company, engages in the development of oligonucleotide-based therapies. It develops antibody oligonucleotide conjugates (AOC) that are designed to treat a range of serious diseases. The company's lead product candidate AOC 1001 is used for the treatment of myotonic dystrophy type 1, a rare monogenic muscle disease; AOC 1044 for the treatment of Duchenne Muscular Dystrophy; and AOC 1020 designed to treat facioscapulohumeral muscular dystrophy which are in preclinical stage. It also offers Lumizyme therapy for Pompe diseases. Avidity Biosciences, Inc. was incorporated in 2012 and is headquartered in San Diego, California.

Avidity Biosciences Dividend Announcement

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

Avidity Biosciences Dividend History

Avidity Biosciences Dividend Yield

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

Avidity Biosciences Financial Ratios

P/E ratio-19.85
PEG ratio0.26
P/B ratio3.70
ROE-27.66%
Payout ratio0.00%
Current ratio17.76
Quick ratio17.76
Cash Ratio4.05

Avidity Biosciences Dividend FAQ

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