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Larimar Therapeutics, Inc., a clinical-stage biotechnology company, focuses on developing treatments for rare diseases using its novel cell penetrating peptide technology platform. Its lead product candidate is CTI-1601, which is in Phase 1 clinical trial for the treatment of Friedreich's ataxia, a rare, progressive, and fatal genetic disease. The company is based in Bala Cynwyd, Pennsylvania.

Larimar Therapeutics Dividend Announcement

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

Larimar Therapeutics Dividend History

Larimar Therapeutics Dividend Yield

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

Larimar Therapeutics Financial Ratios

P/E ratio-9.15
PEG ratio2.04
P/B ratio2.99
ROE-35.87%
Payout ratio0.00%
Current ratio13.10
Quick ratio13.15
Cash Ratio2.15

Larimar Therapeutics Dividend FAQ

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