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Navamedic ASA, a pharmaceutical company, develops, produces, markets, and sells pharmaceuticals and related products in Northern Europe. The company's product portfolio includes prescription and non-prescription pharmaceuticals, as well as medical nutrition products, medical devices, food supplements, and cosmetics. It offers medical nutrition products for various therapeutic areas, including phenylketonuria, homocystinuria, maple syrup urine disease, tyrosinemia, methylmalonic acidemia/propionic acidemia, glutaric aciduria, isovaleric acidemia, and urea cycle disorders, as well as products for glycogen storage diseases and renal diseases, fat metabolism, malnutrition, and ketogenic diet. In addition, the company provides consumer health products consisting of non-prescription drugs and health care products for pain relief, cough and cold, gastro, women's health, and others primarily through pharmacies and drugstores; specialty pharmaceutical products in various therapeutic areas comprising dermatology, wound care, women's health, urology, and obesity; and branded generics, including cardiology products and antibiotics. It sells, markets, and distributes its products to hospitals, patients, and pharmacies. The company was formerly known as Glucomed AS and changed its name to Navamedic ASA in 2004. Navamedic ASA was incorporated in 2002 and is headquartered in Oslo, Norway.

Navamedic Dividend Announcement

• Navamedic announced a annually dividend of kr1.00 per ordinary share which will be made payable on 2010-04-27. Ex dividend date: 2010-04-13
• Navamedic's trailing twelve-month (TTM) dividend yield is -%

Navamedic Dividend History

Ex-Div dateDividend amountDividend typePay date
2010-04-13kr1.00annually2010-04-27

Navamedic Dividend per year

Navamedic Dividend Yield

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

Navamedic Financial Ratios

P/E ratio21.52
PEG ratio1.06
P/B ratio1.68
ROE8.61%
Payout ratio0.00%
Current ratio1.64
Quick ratio1.07
Cash Ratio0.29

Navamedic Dividend FAQ

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