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MeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited blindness, as well as Xerostomia following radiation treatment for head and neck cancers; degenerative diseases; neurodegenerative diseases, such as amyotrophic lateral sclerosis; and Parkinson's diseases. Its programs in clinical development include Phase 1/2 clinical stage programs in Achromatopsia, X-Linked Retinitis Pigmentosa, RPE65-deficiency, and radiation-induced Xerostomia, as well as Parkinson's program. The company also focuses on initiating a clinical program in xerostomia related to Sjogren's syndrome and have preclinical programs in neurodegenerative diseases. It has a research collaboration agreement with Janssen Pharmaceuticals, Inc. to develop regulatable gene therapy treatment using the company's proprietary riboswitch technology. MeiraGTx Holdings plc was incorporated in 2015 and is based in New York, New York.

MeiraGTx Dividend Announcement

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

MeiraGTx Dividend History

MeiraGTx Dividend Yield

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

MeiraGTx Financial Ratios

P/E ratio-4.99
PEG ratio10.28
P/B ratio4.59
ROE-80.95%
Payout ratio0.00%
Current ratio2.34
Quick ratio2.34
Cash Ratio2.07

MeiraGTx Dividend FAQ

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