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Nexalin Technology, Inc., a medical device company, designs and develops neurostimulation products for the treatment of mental health in the United States and China. It licenses and markets Nexalin Device, a non-invasive and drug-free therapy for the treatment of anxiety and insomnia. The company's Nexalin device emits a patented frequency-based waveform, which stimulates a positive response from the mid-brain structures associated with various mental health disorders. It also engages in the development of Generation 2, a medical device that is in clinical trials for the treatment of substance abuse issues related to opiates, chronic pain, Alzheimer's disease, and dementia. The company was incorporated in 2021 and is headquartered in Houston, Texas.

Nexalin Technology Dividend Announcement

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

Nexalin Technology Dividend History

Nexalin Technology Dividend Yield

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

Nexalin Technology Financial Ratios

P/E ratio-7.62
PEG ratio0.49
P/B ratio8.53
ROE-187.62%
Payout ratio0.00%
Current ratio16.39
Quick ratio15.86
Cash Ratio0.27

Nexalin Technology Dividend FAQ

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