company-logo

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 dateDividend amountDividend typePay date
2012-12-13$0.75annually2012-12-24
2010-12-13$2.00annually

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

P/E ratio-73.50
PEG ratio-3.57
P/B ratio7.79
ROE-12.36%
Payout ratio0.00%
Current ratio3.55
Quick ratio3.55
Cash Ratio2.61

Cassava Sciences Dividend FAQ

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