Table of Contents

company-logo

NuGen Medical Devices Inc., a specialty medical device company, focuses on developing and commercializing novel drug delivery technologies. It offers needle-free injection devices and systems for the administration of subcutaneous medication for various fields, including anaphylaxis, diabetes, severe migraine, erectile dysfunction, chronic anemia, neutropenia, autoimmune rheumatoid arthritis, growth and fertility hormone, and psoriasis, as well as DNA and conventional/pediatric vaccines. The company was formerly known as BuzBuz Capital Corp. NuGen Medical Devices Inc. is based in Toronto, Canada.

NuGen Medical Devices Dividend Announcement

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

NuGen Medical Devices Dividend History

NuGen Medical Devices Dividend Yield

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

NuGen Medical Devices Financial Ratios

P/E ratio-2.37
PEG ratio0.03
P/B ratio-2.97
ROE216.05%
Payout ratio0.00%
Current ratio3.12
Quick ratio3.01
Cash Ratio2.89

NuGen Medical Devices Dividend FAQ

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