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Enveric Biosciences, Inc., a pharmaceutical company, engages in developing various cannabinoid medicines for cancer care. Its products pipeline includes EV104 for the treatment of osteoarthritis; EVM-101 and EVM-201 for the treatment of cancer related distress; EVM-301 for the treatment of mental health indication; EV102, a cannabinoid cream for topical skin application; and EV101, a cannabinoid and chemotherapy combination therapy. Enveric Biosciences, Inc. is headquartered in Naples, Florida.

Enveric Biosciences Dividend Announcement

Enveric Biosciences announced a annually dividend of $0.21 per ordinary share which will be made payable on . Ex dividend date: 2008-04-23
Enveric Biosciences's trailing twelve-month (TTM) dividend yield is -%

Enveric Biosciences Dividend History

Ex-Div dateDividend amountDividend typePay date
2008-04-23$0.21annually

Enveric Biosciences Dividend per year

Enveric Biosciences Dividend Yield

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

Enveric Biosciences Financial Ratios

P/E ratio-0.34
PEG ratio-0.01
P/B ratio0.67
ROE-234.16%
Payout ratio0.00%
Current ratio7.37
Quick ratio7.37
Cash Ratio5.43

Enveric Biosciences Dividend FAQ

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