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Goodness Growth Holdings, Inc. operates as a physician-led cannabis company in the United States. The company cultivates cannabis in environmentally friendly greenhouses; manufactures pharmaceutical-grade cannabis extracts; and sells its products through its network of Green Goods and other Goodness Growth branded retail dispensaries, as well as third-party dispensaries. As of March 11, 2022, it operated 18 dispensaries, which included 2 in Maryland, 8 in Minnesota, 4 in New Mexico, and 4 in New York; and offered wholesale cannabis products through third-party companies in Arizona, Maryland, Minnesota, and New York. The company was formerly known as Vireo Health International Inc. and changed its name to Goodness Growth Holdings, Inc. in June 2021. Goodness Growth Holdings, Inc. is headquartered in Minneapolis, Minnesota.

Goodness Growth Dividend Announcement

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

Goodness Growth Dividend History

Goodness Growth Dividend Yield

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

Goodness Growth Financial Ratios

P/E ratio-2.72
PEG ratio-1.41
P/B ratio-2.87
ROE160.49%
Payout ratio0.00%
Current ratio0.80
Quick ratio0.69
Cash Ratio0.07

Goodness Growth Dividend FAQ

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