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Choom Holdings Inc., together with its subsidiaries, engages in the retail of cannabis. It sells cannabis products and accessories. The company's cannabis accessories include rolling papers, holders, pipes, water pipes, bongs, vaporizers, and other things used to consume cannabis. As of June 30, 2021, it operated through 17 retail stores in Canada. The company was formerly known as Standard Graphite Corporation and changed its name to Choom Holdings Inc. in November 2017. Choom Holdings Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Choom Dividend Announcement

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

Choom Dividend Yield

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

Choom Financial Ratios

P/E ratio0.00
PEG ratio0.00
P/B ratio0.00
ROE0.00%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Choom Dividend FAQ

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