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Modern Plant Based Foods Inc., a food company, develops and distributes plant-based meat alternative products in Canada and the United States. The company offers plant-based products, including meat and dairy-free alternatives, soups, and vegan snacks under the Modern Meat, KitsKitchen, Snacks From The Sun, and Modern Wellness Bar brands. It offers its products through retail supermarkets, natural grocers, and independents, as well as e-commerce platforms. The company was formerly known as Modern Meat Inc. and changed its name to Modern Plant Based Foods Inc. on February 2021. Modern Plant Based Foods Inc. is headquartered in Vancouver, Canada.

Modern Plant Based Foods Dividend Announcement

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

Modern Plant Based Foods Dividend History

Modern Plant Based Foods Dividend Yield

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

Modern Plant Based Foods Financial Ratios

P/E ratio-0.29
PEG ratio0.04
P/B ratio-1.04
ROE449.66%
Payout ratio0.00%
Current ratio0.22
Quick ratio0.20
Cash Ratio0.05

Modern Plant Based Foods Dividend FAQ

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