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Numinus Wellness Inc. provides solutions to develop and deliver psychedelic-assisted psychotherapy and transform the mental health landscape. The company operates in two divisions, Salvation Botanicals and Numinus Health. The Salvation Botanicals division offers laboratory services, such as cultivation, analytical testing, product research and development, and ancillary services in the area of psychedelics; and full suite testing and custom testing of cannabis. The Numinus Health division provides supportive therapies and technologies to heal, connect, and grow with a focus on treating mental health and substance abuse; and services for psychotherapy, counselling, neurofeedback, physiotherapy, and other therapies. This division also offers training, facilities, and other operational resources to practitioners. The company is headquartered in Vancouver, Canada.

Numinus Wellness Dividend Announcement

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

Numinus Wellness Dividend History

Numinus Wellness Dividend Yield

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

Numinus Wellness Financial Ratios

P/E ratio-0.53
PEG ratio-0.10
P/B ratio2.90
ROE-261.92%
Payout ratio0.00%
Current ratio1.40
Quick ratio1.40
Cash Ratio0.75

Numinus Wellness Dividend FAQ

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