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Elixinol Wellness Limited, through its subsidiaries, manufactures and distributes hemp derived nutraceuticals, cosmetics, and food products under the Elixinol and Hemp Foods Australia brands in the Americas, Europe, and Australia. It offers hemp derived cannabidiol and food products, dietary supplements, topicals, and skincare products. The company was formerly known as Elixinol Global Limited and changed its name to Elixinol Wellness Limited in May 2021. The company was incorporated in 2017 and is headquartered in Sydney, Australia.

Elixinol Wellness Dividend Announcement

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

Elixinol Wellness Dividend History

Elixinol Wellness Dividend Yield

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

Elixinol Wellness Financial Ratios

P/E ratio-4.40
PEG ratio-0.03
P/B ratio5.28
ROE-128.42%
Payout ratio0.00%
Current ratio1.81
Quick ratio0.92
Cash Ratio0.35

Elixinol Wellness Dividend FAQ

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