Table of Contents

company-logo

BioNxt Solutions Inc. operates as a bioscience company in Germany, Switzerland, Austria, Israel, and Canada. It develops drug delivery methods, such as transdermal patches and oral dissolvable films designed for delivery of neurological medications; and psychedelic medicine to treat mental health-related medical conditions, including depression, anxiety, addiction, and trauma-related stress disorder. The company also develops point-of-care diagnostics comprising rapid diagnostics and biosensor screening tests for early detection and the potential for better treatment outcomes, and improved disease management; and COVID-19 PCR diagnostic kit, peri-implantitis oral biosensor, and H1N1 (swine flu) and H5N1 (avian flu) oral biosensors. In addition, it offers analytical testing and consulting services; and engages in the pathogen and oral health diagnostic and screening test, thin film drug formulation, and psychedelic pharmaceutical production and formulation businesses. The company was formerly known as XPhyto Therapeutics Corp. and changed its name to BioNxt Solutions Inc. in November 2022. BioNxt Solutions Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada.

BioNxt Solutions Dividend Announcement

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

BioNxt Solutions Dividend History

BioNxt Solutions Dividend Yield

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

BioNxt Solutions Financial Ratios

P/E ratio-4.19
PEG ratio0.01
P/B ratio-4.38
ROE118.85%
Payout ratio0.00%
Current ratio0.09
Quick ratio0.09
Cash Ratio0.04

BioNxt Solutions Dividend FAQ

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