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Planet 13 Holdings Inc., an integrated cannabis company, engages in the cultivation, production, distribution, and marketing of cannabis and cannabis-infused products for medical and retail cannabis markets in Nevada, the United States. It also operates licensed cannabis dispensaries; non-cannabis retail merchandise store and event space; and owns and operates Trece Eatery + Spirits, coffee shop and pizzeria. In addition, the company provides consultation, education, and convenience services. It owns and manufactures chocolates, gummies, sparkling beverages, vapes and concentrates, and flowers under the TRENDI, Leaf & Vine, Dreamland, and HaHa, and Medizin brands. The company is headquartered in Las Vegas, Nevada.

Planet 13 Dividend Announcement

• Planet 13 does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Planet 13 dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Planet 13 Dividend Yield

Planet 13 current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Planet 13 stock? Use our calculator to estimate your expected dividend yield:

Planet 13 Financial Ratios

P/E ratio-1.86
PEG ratio-0.02
P/B ratio0.88
ROE-58.06%
Payout ratio0.00%
Current ratio1.57
Quick ratio0.97
Cash Ratio0.83

Planet 13 Dividend FAQ

Does Planet 13 stock pay dividends?
Planet 13 does not currently pay dividends to its shareholders.
Has Planet 13 ever paid a dividend?
No, Planet 13 has no a history of paying dividends to its shareholders. Planet 13 is not known for its dividend payments.
Why doesn't Planet 13 pay dividends?
There are several potential reasons why Planet 13 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 Planet 13 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 Planet 13 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 Planet 13 a dividend aristocrat?
Planet 13 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 Planet 13 a dividend king?
Planet 13 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 Planet 13 a dividend stock?
No, Planet 13 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 Planet 13 stocks?
To buy Planet 13 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 Planet 13 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.