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Nutriband Inc. develops a portfolio of transdermal pharmaceutical products. The company's lead product in development is AVERSA fentanyl, an abuse deterrent fentanyl transdermal system that provides clinicians and patients with an extended-release transdermal fentanyl product for use in managing chronic pain requiring around the clock opioid therapy. It also develops other products, which include AVERSA buprenorphine and AVERSA methylphenidate; exenatide for type 2 diabetes; and follicle stimulating hormone for infertility. Nutriband Inc. has a license agreement with Rambam Med-Tech Ltd. for the development of the RAMBAM Closed System Transfer Devices. The company was incorporated in 2016 and is headquartered in Orlando, Florida.

Nutriband Dividend Announcement

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

Nutriband Dividend History

Nutriband Dividend Yield

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

Nutriband Financial Ratios

P/E ratio-7.25
PEG ratio-1.56
P/B ratio4.22
ROE-76.31%
Payout ratio0.00%
Current ratio6.57
Quick ratio6.36
Cash Ratio6.13

Nutriband Dividend FAQ

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