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Cybin Inc., a biopharmaceutical company, focuses on developing psychedelic-based therapeutics. The company's development pipeline includes CYB003, a deuterated psilocybin analog to treat major depressive and alcohol use disorders; CYB004, a deuterated dimethyltryptamine for treating anxiety disorders; and CYB005, a phenethylamine derivative to treat neuroinflammation. It has also developed EMBARK, a psychedelic-assisted psychotherapy. The company is headquartered in Toronto, Canada.

Cybin Dividend Announcement

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

Cybin Dividend History

Cybin Dividend Yield

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

Cybin Financial Ratios

P/E ratio-45.13
PEG ratio-3.09
P/B ratio21.89
ROE-52.19%
Payout ratio0.00%
Current ratio24.24
Quick ratio24.24
Cash Ratio20.93

Cybin Dividend FAQ

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