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CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases in the United States and internationally. Its lead product candidate is DefenCath/Neutrolin, a novel anti-infective solution for the reduction and prevention of catheter-related infections and thrombosis in patients requiring central venous catheters in clinical settings, such as hemodialysis, total parenteral nutrition, and oncology. The company was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Heights, New Jersey.

CorMedix Dividend Announcement

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

CorMedix Dividend History

CorMedix Dividend Yield

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

CorMedix Financial Ratios

P/E ratio-0.20
PEG ratio-0.01
P/B ratio9.37
ROE-4840.45%
Payout ratio0.00%
Current ratio3.96
Quick ratio3.60
Cash Ratio1.91

CorMedix Dividend FAQ

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