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CLS Holdings USA, Inc., a diversified cannabis company, focuses on the extraction and conversion of cannabinoids in the United States. It extracts cannabinoids from the cannabis plants and converts into concentrates, such as oils, waxes, edibles, and shatters. The company sells organic medical cannabis to licensed retailers; recreational marijuana cannabis products to licensed distributors and retailers; extraction products, such as oils and waxes derived from in-house cannabis production; processing and extraction services for licensed medical cannabis cultivators; and cannabis strains in the form of vegetative cuttings to licensed medical cannabis cultivators. It also offers consulting services to cannabis-related businesses comprising growers, dispensaries, and laboratories; and toll processing services. The company provides its products under Oasis Cannabis and City Trees brand names. Its concentrates are used for pharmaceutical and other purposes. The company was founded in 2014 and is based in Miami, Florida.

CLS USA Dividend Announcement

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

CLS USA Dividend Yield

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

CLS USA Financial Ratios

P/E ratio-1.08
PEG ratio0.00
P/B ratio-0.51
ROE41.35%
Payout ratio0.00%
Current ratio0.40
Quick ratio0.27
Cash Ratio0.03

CLS USA Dividend FAQ

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