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PaxMedica, Inc., a clinical stage biopharmaceutical company, focuses on the development of anti-purinergic drug therapies (APT) for the treatment of disorders with intractable neurologic symptoms. The company's lead product candidate is PAX-101, an intravenous formulation of suramin for various indications, including autism spectrum disorder, myalgic encephalomyelitis/chronic fatigue syndrome, long COVID-19 syndrome, and human african trypanosomiasis. It is also involved in developing PAX-102, an intranasal formulation of suramin for neurologic indications. The company was formerly known as Purinix Pharmaceuticals LLC and changed its name to PaxMedica, Inc. in April 2020. PaxMedica, Inc. was incorporated in 2018 and is based in Tarrytown, New York. PaxMedica, Inc. operates as a subsidiary of Tardimed Sciences LLC.

PaxMedica Dividend Announcement

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

PaxMedica Dividend History

PaxMedica Dividend Yield

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

PaxMedica Financial Ratios

P/E ratio-0.04
PEG ratio0.00
P/B ratio-0.42
ROE-3167.06%
Payout ratio0.00%
Current ratio0.38
Quick ratio0.38
Cash Ratio0.15

PaxMedica Dividend FAQ

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