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Incannex Healthcare Limited engages in the research, development, and sale of medicinal cannabinoid products in Australia. It offers pharmaceutical grade cannabinoid products under the Incannex brand name. The company's products include IHL-42X, which is in Phase II clinical trials for obstructive sleep apnea; IHL-216A for traumatic brain injury; and IHL-675A, a combination of hydroxychloroquine and cannabidiol for the prevention and treatment of inflammatory lung conditions, such as acute respiratory distress syndrome, chronic obstructive pulmonary disease, asthma, and bronchitis, as well as rheumatoid arthritis and inflammatory bowel diseases. It has partnership with The Alfred Hospital and Novotech on IHL-42X clinical program for obstructive sleep apnea; and Monash Trauma Group at the Department of Neuroscience, Monash University to conduct a study on the protective effect of IHL-216A in sports concussion. The company was formerly known as Impression Healthcare Limited and changed its name to Incannex Healthcare Limited in June 2020. Incannex Healthcare Limited was incorporated in 2001 and is based in Sydney, Australia.

Incannex Healthcare Dividend Announcement

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

Incannex Healthcare Dividend History

Incannex Healthcare Dividend Yield

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

Incannex Healthcare Financial Ratios

P/E ratio-2.57
PEG ratio-0.10
P/B ratio4.24
ROE-73.90%
Payout ratio0.00%
Current ratio2.88
Quick ratio2.88
Cash Ratio1.04

Incannex Healthcare Dividend FAQ

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