NHMD Holdings, Inc. engages in the Bitcoin mining activities. It owns and operates application-specific integrated circuit computers designed for cryptocurrency mining. The company was formerly known as Nate's Food Co. and changed its name to NHMD Holdings, Inc. in March 2022. NHMD Holdings, Inc. is headquartered in Huntington Beach, California.
NHMD Dividend Announcement
• NHMD announced a semi annually dividend of $0.00 per ordinary share which will be made payable on 2023-09-30. Ex dividend date: 2023-08-30
• NHMD's trailing twelve-month (TTM) dividend yield is -%
• NHMD's payout ratio for the trailing twelve months (TTM) is -2.63%
NHMD Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-08-30 | $0.00 | semi annually | 2023-09-30 |
| 2023-03-30 | $0.00 | semi annually | 2023-04-17 |
NHMD Dividend per year
NHMD Dividend Yield
NHMD current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing NHMD stock? Use our calculator to estimate your expected dividend yield:
NHMD Financial Ratios
P/E ratio-1.22
PEG ratio-0.02
P/B ratio-0.23
ROE20.41%
Payout ratio-2.63%
Current ratio0.17
Quick ratio0.17
Cash Ratio0.02
NHMD Dividend FAQ
Does NHMD stock pay dividends?
NHMD does not currently pay dividends to its shareholders.
Has NHMD ever paid a dividend?
No, NHMD has no a history of paying dividends to its shareholders. NHMD is not known for its dividend payments.
Why doesn't NHMD pay dividends?
There are several potential reasons why NHMD 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.
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 NHMD 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 NHMD 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 NHMD a dividend aristocrat?
NHMD 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 NHMD a dividend king?
NHMD 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 NHMD a dividend stock?
No, NHMD 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 NHMD stocks?
To buy NHMD 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 NHMD 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.
Place an order: Use the brokerage's trading platform to place an order to buy NHMD 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.