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Dimerix Limited, a biopharmaceutical company, develops and commercializes pharmaceutical products for unmet medical needs. It develops DMX-200 that is in two Phase 3 clinical trials for COVID respiratory complications; DMX-200, a Phase 3 clinical trial for focal segmental glomerulosclerosis disease; DMX-200 for diabetic kidney disease; and DMX-700 for chronic obstructive pulmonary disease. The company is headquartered in Fitzroy, Australia.

Dimerix Dividend Announcement

Dimerix announced a annually dividend of A$0.00 per ordinary share which will be made payable on 1999-05-21. Ex dividend date: 1999-09-24
Dimerix's trailing twelve-month (TTM) dividend yield is -%

Dimerix Dividend History

Ex-Div dateDividend amountDividend typePay date
1999-09-24A$0.00annually1999-05-21
1998-09-18A$0.01annually

Dimerix Dividend per year

Dimerix Dividend Yield

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

Dimerix Financial Ratios

P/E ratio-10.69
PEG ratio-0.10
P/B ratio10.04
ROE-171.59%
Payout ratio0.00%
Current ratio9.49
Quick ratio9.49
Cash Ratio6.58

Dimerix Dividend FAQ

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