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Nova Organic Public Company Limited produces and distributes dietary supplements and health beverages in Thailand, southeast Asia, Europe, and Hong Kong. It offers nutritional supplement products for beauty under the Donutt collagen and Donutt Total fiberly brands; nutritional supplement products for holistic health care under the LIVNEST brand; and other products, such as Lingzhi Plus Shitake, Matsutake, Chompoo24, and Q-Tin for hair and scalp. The company was founded in 2013 and is based in Phra Samut Chedi, Thailand.

Nova Organic Dividend Announcement

Nova Organic announced a annually dividend of ฿0.35 per ordinary share which will be made payable on 2022-02-03. Ex dividend date: 2022-01-18
Nova Organic's trailing twelve-month (TTM) dividend yield is -%

Nova Organic Dividend History

Ex-Div dateDividend amountDividend typePay date
2022-01-18฿0.35annually2022-02-03

Nova Organic Dividend per year

Nova Organic Dividend Yield

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

Nova Organic Financial Ratios

P/E ratio-6.28
PEG ratio-0.05
P/B ratio0.53
ROE-8.23%
Payout ratio0.00%
Current ratio7.03
Quick ratio5.83
Cash Ratio0.44

Nova Organic Dividend FAQ

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