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Jack Nathan Medical Corp., together with its subsidiaries, operates primary care medical clinics in Walmart Supercentres under the Jack Nathan Health brand. As of June 30, 2022, it operated 76 clinics in Walmart locations in Canada, including British Columbia, Alberta, Saskatchewan, Manitoba, Ontario,and Quebec, as well as 4 clinics outside Walmart; and 18 medical clinics, 2 Rehab, and 5 MedSpa; and 108 corporate owned and operated clinics in Walmart locations in Mexico. Jack Nathan Medical Corp. was founded in 2006 and is headquartered in Woodbridge, Canada.

Jack Nathan Medical Dividend Announcement

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

Jack Nathan Medical Dividend History

Jack Nathan Medical Dividend Yield

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

Jack Nathan Medical Financial Ratios

P/E ratio-0.30
PEG ratio-0.00
P/B ratio-0.21
ROE127.53%
Payout ratio0.00%
Current ratio0.48
Quick ratio0.46
Cash Ratio0.14

Jack Nathan Medical Dividend FAQ

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