Prophecy DeFi Inc. provides decentralized finance to retail and institutional investors. The company was formerly known as Bucephalus Capital Corp. and changed its name to Prophecy DeFi Inc. in June 2021. Prophecy DeFi Inc. is based in Toronto, Canada.
Prophecy DeFi Dividend Announcement
• Prophecy DeFi does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Prophecy DeFi dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Prophecy DeFi Dividend History
Prophecy DeFi Dividend Yield
Prophecy DeFi current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Prophecy DeFi stock? Use our calculator to estimate your expected dividend yield:
Prophecy DeFi Financial Ratios
P/E ratio-0.50
PEG ratio-0.00
P/B ratio-0.16
ROE46.15%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.47
Prophecy DeFi Dividend FAQ
Does Prophecy DeFi stock pay dividends?
Prophecy DeFi does not currently pay dividends to its shareholders.
Has Prophecy DeFi ever paid a dividend?
No, Prophecy DeFi has no a history of paying dividends to its shareholders. Prophecy DeFi is not known for its dividend payments.
Why doesn't Prophecy DeFi pay dividends?
There are several potential reasons why Prophecy DeFi 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.
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 Prophecy DeFi 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 Prophecy DeFi 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 Prophecy DeFi a dividend aristocrat?
Prophecy DeFi 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 Prophecy DeFi a dividend king?
Prophecy DeFi 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 Prophecy DeFi a dividend stock?
No, Prophecy DeFi 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 Prophecy DeFi stocks?
To buy Prophecy DeFi 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 Prophecy DeFi 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.
Place an order: Use the brokerage's trading platform to place an order to buy Prophecy DeFi 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.