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The Good Shroom Co Inc. develops, manufactures, and sells instant wellness beverages in Canada and the United States. It offers a range of functional mushroom beverages under the Teonan brand; cannabis-infused functional mushroom beverages under the Velada brand; and hash products under the Nordique Royale brand. The company also provides tea and coffee-based beverages. It offers its products through online stores and third-party platforms. The company is headquartered in Québec, Canada.

Good Shroom Co Dividend Announcement

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

Good Shroom Co Dividend History

Good Shroom Co Dividend Yield

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

Good Shroom Co Financial Ratios

P/E ratio-288.32
PEG ratio-27.62
P/B ratio7.85
ROE-3.21%
Payout ratio0.00%
Current ratio1.59
Quick ratio1.12
Cash Ratio0.21

Good Shroom Co Dividend FAQ

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