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Geffen Residence & Renewal Ltd engages in the cultivation, production, storage, marketing, and sale of medical cannabis in Israel. It owns pharmacies, which sell cosmetics, convenience, and toiletries, as well as pharmacy and natural products, such as marketing prescription drugs, over-the-counter drugs, natural products, and vitamins and supplements. The company also offers plasters and bandages; and thermometer and humidifiers. The company was formerly known as Cannomed Medical Cannabis Industries Ltd. The company was incorporated in 1999 and is based in Tel Aviv-Yafo, Israel.

Geffen Residence & Renewal Dividend Announcement

Geffen Residence & Renewal announced a annually dividend of ₪6.63 per ordinary share which will be made payable on . Ex dividend date: 2015-09-30
Geffen Residence & Renewal's trailing twelve-month (TTM) dividend yield is -%

Geffen Residence & Renewal Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-09-30₪6.63annually

Geffen Residence & Renewal Dividend per year

Geffen Residence & Renewal Dividend Yield

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

Geffen Residence & Renewal Financial Ratios

P/E ratio-21.22
PEG ratio-21.22
P/B ratio3.03
ROE-26.16%
Payout ratio0.00%
Current ratio14.13
Quick ratio14.13
Cash Ratio11.36

Geffen Residence & Renewal Dividend FAQ

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