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Ovation Science Inc. engages in the production of cannabis or hemp products in Canada, the United States, and Mexico. The company's Invisicare is a patented drug delivery technology for use in topical and transdermal skin care products containing hemp seed oil and cannabis under the Ovation and BASKiN brands. It offers cannabidiol infused health and wellness solutions under the Invibe MD name; skincare solutions under the ARLO CBD name; and hand sanitizers under the DermSafe name. The company holds sublicenses for cannabis based products; and Lighthouse for licensed dispensaries in the United States. Ovation Science Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada.

Ovation Science Dividend Announcement

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

Ovation Science Dividend History

Ovation Science Dividend Yield

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

Ovation Science Financial Ratios

P/E ratio-1.59
PEG ratio0.01
P/B ratio-1.21
ROE86.07%
Payout ratio0.00%
Current ratio0.10
Quick ratio0.06
Cash Ratio0.01

Ovation Science Dividend FAQ

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