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Harmony Biosciences Holdings, Inc., a commercial-stage pharmaceutical company, develops and commercializes therapies for patients with rare neurological disorders in the United States. Its product, WAKIX is a medication for the treatment of excessive daytime sleepiness in adult patients with narcolepsy. The company was formerly known as Harmony Biosciences II, Inc. and changed its name to Harmony Biosciences Holdings, Inc. in February 2020. Harmony Biosciences Holdings, Inc. was incorporated in 2017 and is based in Plymouth Meeting, Pennsylvania.

Harmony Biosciences Dividend Announcement

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

Harmony Biosciences Dividend History

Harmony Biosciences Dividend Yield

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

Harmony Biosciences Financial Ratios

P/E ratio15.53
PEG ratio0.68
P/B ratio3.19
ROE23.16%
Payout ratio45.06%
Current ratio3.24
Quick ratio3.20
Cash Ratio2.40

Harmony Biosciences Dividend FAQ

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