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Innoviva, Inc. engages in the development and commercialization of pharmaceuticals in the United States and internationally. Its products include RELVAR/BREO ELLIPTA, a once-daily combination medicine consisting of a LABA, vilanterol (VI), an inhaled corticosteroid (ICS), and fluticasone furoate; ANORO ELLIPTA, a once-daily medicine combining a long-acting muscarinic antagonist (LAMA), umeclidinium bromide (UMEC), with a LABA, and VI; and TRELEGY ELLIPTA, a once-daily combination medicine consisting of an ICS, LAMA, and LABA. Innoviva, Inc. has a strategic partnership with Sarissa Capital Management LP. The company has long-acting beta2 agonist (LABA) collaboration agreement with Glaxo Group Limited to develop and commercialize once-daily products for the treatment of chronic obstructive pulmonary disease and asthma. The company was formerly known as Theravance, Inc. and changed its name to Innoviva, Inc. in January 2016. Innoviva, Inc. was incorporated in 1996 and is headquartered in Burlingame, California.

Innoviva Dividend Announcement

Innoviva announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2015-09-30. Ex dividend date: 2015-09-08
Innoviva's trailing twelve-month (TTM) dividend yield is -%

Innoviva Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-09-08$0.25quarterly2015-09-30
2015-06-10$0.25quarterly2015-06-30
2015-03-10$0.25quarterly2015-03-31
2014-11-21$0.25quarterly2014-12-23
2014-08-26$0.25quarterly2014-09-18

Innoviva Dividend per year

Innoviva Dividend Yield

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

Innoviva Financial Ratios

P/E ratio18.59
PEG ratio0.61
P/B ratio1.80
ROE9.52%
Payout ratio0.00%
Current ratio1.79
Quick ratio1.64
Cash Ratio1.16

Innoviva Dividend FAQ

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