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New Wave Holdings Corp. engages in the commercial esports/gaming activities. It acts as an investment issuer focuses on the psychedelic, natural wellness, and esports sectors. The company also provides investing and advising esports companies in business growth, market penetration, and product expansion; and financial information primarily to current liquidity, solvency, and planned strategic growth. The company was formerly known as New Wave Esports Corp. and changed its name to New Wave Holdings Corp. in May 2020. New Wave Holdings Corp. was incorporated in 2006 and is headquartered in Toronto, Canada.

New Wave Dividend Announcement

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

New Wave Dividend History

New Wave Dividend Yield

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

New Wave Financial Ratios

P/E ratio-0.17
PEG ratio0.00
P/B ratio0.28
ROE-125.53%
Payout ratio0.00%
Current ratio2.04
Quick ratio2.04
Cash Ratio0.06

New Wave Dividend FAQ

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