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High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of August 4, 2022, it operated 139 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.

High Tide Dividend Announcement

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

High Tide Dividend History

High Tide Dividend Yield

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

High Tide Financial Ratios

P/E ratio-13.00
PEG ratio-1.03
P/B ratio2.73
ROE-21.97%
Payout ratio0.00%
Current ratio1.26
Quick ratio0.78
Cash Ratio0.59

High Tide Dividend FAQ

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