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CARGO Therapeutics, Inc., a clinical-stage biotechnology company, develops chimeric antigen receptor (CAR) T-cell therapies for cancer patients. The company's lead program is CRG-022, an autologous CD22 CAR T-cell product candidate designed to address resistance mechanisms by targeting CD22, an alternate tumor antigen that is expressed in B-cell malignancies. It also develops CRG-023, a tri-specific CAR T product candidate that targets tumor cells with three B-cell antigen targets. The company was formerly known as Syncopation Life Sciences, Inc. and changed its name to CARGO Therapeutics, Inc. in September 2022. CARGO Therapeutics, Inc. was incorporated in 2019 and is headquartered in San Mateo, California.

CARGO Therapeutics Dividend Announcement

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

CARGO Therapeutics Dividend History

CARGO Therapeutics Dividend Yield

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

CARGO Therapeutics Financial Ratios

P/E ratio-5.16
PEG ratio0.07
P/B ratio1.99
ROE-38.16%
Payout ratio0.00%
Current ratio18.95
Quick ratio18.95
Cash Ratio3.29

CARGO Therapeutics Dividend FAQ

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