company-logo

Ovoca Bio plc, a clinical-stage biopharmaceutical company, engages in the development and commercialization of novel product candidates for the treatment of female sexual dysfunctions. It is developing BP-101, a medicinal treatment for premenopausal women with hypoactive sexual desire disorder, which is in phase II clinical study in Australia and New Zealand, and in phase III clinical trials in Russia. It also engages in mineral exploration, as well as provides support services. The company was formerly known as Ovoca Gold plc and changed its name to Ovoca Bio plc in July 2018. Ovoca Bio plc was incorporated in 1985 and is based in Dublin, Ireland.

Ovoca Bio Dividend Announcement

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

Ovoca Bio Dividend History

Ovoca Bio Dividend Yield

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

Ovoca Bio Financial Ratios

P/E ratio-604.05
PEG ratio8.96
P/B ratio0.66
ROE-0.10%
Payout ratio0.00%
Current ratio3.59
Quick ratio3.59
Cash Ratio3.39

Ovoca Bio Dividend FAQ

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