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MIRA Pharmaceuticals, Inc. operates as a clinical development stage biopharmaceutical company. The company focuses on the development and commercialization of a new molecular synthetic tetrahydrocannabinol (THC) analog under investigation for the treatment of adult patients with anxiety and cognitive decline typically associated with early-stage dementia. It is developing MIRA1a, a synthetic cannabinoid analog to treat anxiety and chronic pain by targeting the cannabinoid type 1 and type 2 receptors. The company was formerly known as MIRA1a Therapeutics, Inc. MIRA Pharmaceuticals, Inc. was incorporated in 2020 and is headquartered in Baltimore, Maryland.

MIRA Pharmaceuticals Dividend Announcement

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

MIRA Pharmaceuticals Dividend History

MIRA Pharmaceuticals Dividend Yield

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

MIRA Pharmaceuticals Financial Ratios

P/E ratio-2.14
PEG ratio-94.63
P/B ratio12.32
ROE-286.24%
Payout ratio0.00%
Current ratio3.68
Quick ratio3.68
Cash Ratio3.54

MIRA Pharmaceuticals Dividend FAQ

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