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Predictmedix Inc., an artificial intelligence (AI) company, develops AI powered technologies for general workplace health and safety, and health care industry. The company operates in two segments, Workplace Health and Safety, and Healthcare. It offers disease symptom screening solutions to identify persons who are more likely to test positive for infectious diseases and to undergo a definitive test, such as a rapid COVID test. The company also develops impairment detection screening scanners and mental health screening stations; and Mobile Wellbeing, a telemedicine remote patient monitoring platform. The company was formerly known as Cultivar Holdings Inc. and changed its name to Predictmedix Inc. in April 2020. Predictmedix Inc. is headquartered in Toronto, Canada.

Predictmedix Dividend Announcement

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

Predictmedix Dividend History

Predictmedix Dividend Yield

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

Predictmedix Financial Ratios

P/E ratio-1.10
PEG ratio-0.13
P/B ratio-2.21
ROE478.52%
Payout ratio0.00%
Current ratio0.05
Quick ratio0.07
Cash Ratio0.01

Predictmedix Dividend FAQ

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