Table of Contents

company-logo

Microbix Biosystems Inc., a life science company, develops and commercializes proprietary biological and technological solutions for human health and wellbeing in North America, Europe, and internationally. It manufactures a range of critical biological materials for the diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment and proficiency (QAPs) that support clinical lab proficiency testing, assay development and validation, or clinical lab workflows. The company also applies its biological expertise and infrastructure to develop other proprietary products, primarily viral transport medium (DxTM) to stabilize patient samples for lab-based testing and Kinlytic Urokinase, a biologic thrombolytic drug used to treat blood clots. It sells QAPs to lab accreditation organizations, diagnostics companies, and clinical labs through a network of regional distributors. Microbix Biosystems Inc. was founded in 1988 and is headquartered in Mississauga, Canada.

Microbix Biosystems Dividend Announcement

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

Microbix Biosystems Dividend History

Microbix Biosystems Dividend Yield

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

Microbix Biosystems Financial Ratios

P/E ratio8.19
PEG ratio0.14
P/B ratio1.48
ROE18.87%
Payout ratio0.00%
Current ratio6.62
Quick ratio4.89
Cash Ratio3.54

Microbix Biosystems Dividend FAQ

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