NovelStem International Corp. focuses on developing and commercialization of diagnostic technology for cancer treatments and the potential to reduce resistance to chemotherapy. The company was formerly known as Hollywood Media Corp. and changed its name to NovelStem International Corp. in September 2018. NovelStem International Corp. was founded in 1993 and is headquartered in Boca Raton, Florida.
NovelStem International Dividend Announcement
• NovelStem International announced a quarterly dividend of $0.45 per ordinary share which will be made payable on . Ex dividend date: 2018-04-02
• NovelStem International's trailing twelve-month (TTM) dividend yield is -%
NovelStem International Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2018-04-02 | $0.45 | quarterly | |
| 2018-03-22 | $0.45 | quarterly | |
| 2018-02-28 | $0.45 | quarterly |
NovelStem International Dividend per year
NovelStem International Dividend Yield
NovelStem International current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing NovelStem International stock? Use our calculator to estimate your expected dividend yield:
NovelStem International Financial Ratios
P/E ratio-0.33
PEG ratio-0.04
P/B ratio-0.09
ROE48.63%
Payout ratio0.00%
Current ratio0.02
Quick ratio0.02
Cash Ratio0.01
NovelStem International Dividend FAQ
Does NovelStem International stock pay dividends?
NovelStem International does not currently pay dividends to its shareholders.
Has NovelStem International ever paid a dividend?
No, NovelStem International has no a history of paying dividends to its shareholders. NovelStem International is not known for its dividend payments.
Why doesn't NovelStem International pay dividends?
There are several potential reasons why NovelStem International 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 NovelStem International 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 NovelStem International 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 NovelStem International a dividend aristocrat?
NovelStem International 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 NovelStem International a dividend king?
NovelStem International 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 NovelStem International a dividend stock?
No, NovelStem International 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 NovelStem International stocks?
To buy NovelStem International 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 NovelStem International 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 NovelStem International 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.