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FSD Pharma Inc., through its subsidiaries, operates as a pharmaceutical research and development company. Its lead candidate includes FSD-201 that is in the Phase II clinical trial to treat COVID-19 disease. The company also focuses on Lucid-PSYCH, a psychoactive molecule identified for the potential treatment of neuropsychiatric disorders, such as depressive disorder; and Lucid-MS, a patented new chemical entity shown to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis, in preclinical models. FSD Pharma Inc. was founded in 1998 and is headquartered in Toronto, Canada.

FSD Pharma Dividend Announcement

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

FSD Pharma Dividend Yield

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

FSD Pharma Financial Ratios

P/E ratio-0.27
PEG ratio-0.01
P/B ratio0.30
ROE-94.58%
Payout ratio0.00%
Current ratio2.34
Quick ratio2.34
Cash Ratio0.34

FSD Pharma Dividend FAQ

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