Cassava Sciences, Inc., a clinical stage biotechnology company, develops drugs for neurodegenerative diseases. Its lead therapeutic product candidate is simufilam, a small molecule drug, which is completed Phase 2b clinical trial; and investigational diagnostic product candidate is SavaDx, a blood-based biomarker/diagnostic to detect Alzheimer's disease. The company was formerly known as Pain Therapeutics, Inc. and changed its name to Cassava Sciences, Inc. in March 2019. Cassava Sciences, Inc. was incorporated in 1998 and is based in Austin, Texas.
Cassava Sciences Dividend Announcement
• Cassava Sciences announced a annually dividend of $0.75 per ordinary share which will be made payable on 2012-12-24. Ex dividend date: 2012-12-13
• Cassava Sciences's trailing twelve-month (TTM) dividend yield is -%
Cassava Sciences Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2012-12-13 | $0.75 | annually | 2012-12-24 |
2010-12-13 | $2.00 | annually |
Cassava Sciences Dividend per year
Cassava Sciences Dividend Yield
Cassava Sciences current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cassava Sciences stock? Use our calculator to estimate your expected dividend yield:
Cassava Sciences Financial Ratios
Cassava Sciences Dividend FAQ
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.
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