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First Hydrogen Corp. focuses on zero-emission vehicles, green hydrogen production and distribution, and supercritical carbon dioxide extractor systems. It is designing and building hydrogen-fuel-cell-powered light and medium commercial vehicle under two agreements with AVL Powertrain and Ballard Power Systems Inc. The company was formerly known as Pure Extraction Corp. and changed its name to First Hydrogen Corp. in October 2021. First Hydrogen Corp. was incorporated in 2007 and is based in Vancouver, Canada.

First Hydrogen Dividend Announcement

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

First Hydrogen Dividend History

First Hydrogen Dividend Yield

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

First Hydrogen Financial Ratios

P/E ratio-2.63
PEG ratio-0.02
P/B ratio-7.57
ROE830.64%
Payout ratio0.00%
Current ratio0.31
Quick ratio0.24
Cash Ratio0.00

First Hydrogen Dividend FAQ

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