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Psychemedics Corporation provides testing services for the detection of drugs of abuse through the analysis of hair samples in the United States, Brazil, and internationally. The company offers screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, and PCP; amphetamines, including ecstasy, eve, and Adderall; opiates, such as heroin, hydrocodone, hydromorphone, oxycodone, oxymorphone, and codeine; synthetic cannabinoids comprising K2, Spice, and Blaze; benzodiazepines consisting of Xanax, Valium, and Ativan; and nicotine and Fentanyl. Its testing results provide quantitative information that could indicate the approximate amount of drug ingested, as well as historical data that could show a pattern of individual drug use over a longer period-of-time. The company offers its services to employers for applicant and employee testing; and treatment professionals, law enforcement agencies, school administrators, and parents concerned about their children's drug use. Psychemedics Corporation was incorporated in 1986 and is headquartered in Acton, Massachusetts.

Psychemedics Dividend Announcement

Psychemedics announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2023-06-08. Ex dividend date: 2023-05-24
Psychemedics annual dividend for 2023 was $0.14
Psychemedics's trailing twelve-month (TTM) dividend yield is -%
Psychemedics's payout ratio for the trailing twelve months (TTM) is -17.53%
Psychemedics's dividend growth over the last five years (2018-2023) was -27.31% year
Psychemedics's dividend growth over the last ten years (2013-2023) was -13.54% year

Psychemedics Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-05-24$0.07quarterly2023-06-08
2023-03-30$0.07quarterly2023-04-10
2022-12-01$0.07quarterly2022-12-16
2022-08-23$0.07quarterly2022-09-09
2022-05-26$0.07quarterly2022-06-24
2021-12-17$0.05quarterly2021-12-30
2020-02-20$0.18quarterly2020-03-03
2019-11-04$0.18quarterly2019-11-15
2019-08-05$0.18quarterly2019-08-16
2019-05-06$0.18quarterly2019-05-17
2019-03-13$0.18quarterly2019-03-25
2018-11-01$0.18quarterly2018-11-12
2018-08-06$0.18quarterly2018-08-17
2018-05-07$0.18quarterly2018-05-18
2018-03-16$0.15quarterly2018-03-29
2017-11-03$0.15quarterly2017-11-17
2017-08-10$0.15quarterly2017-08-24
2017-05-04$0.15quarterly2017-05-18
2017-02-14$0.15quarterly2017-02-27
2016-11-03$0.15quarterly2016-11-17
2016-08-03$0.15quarterly2016-08-15
2016-05-04$0.15quarterly2016-05-18
2016-02-18$0.15quarterly2016-03-04
2015-11-05$0.15quarterly2015-11-19
2015-08-05$0.15quarterly2015-08-18
2015-05-06$0.15quarterly2015-05-18
2015-02-19$0.15quarterly2015-03-06
2014-11-06$0.15quarterly2014-11-20
2014-08-05$0.15quarterly2014-08-18
2014-05-07$0.15quarterly2014-05-19
2014-02-19$0.15quarterly2014-03-07
2013-11-06$0.15quarterly2013-11-22
2013-08-13$0.15quarterly2013-08-28
2013-05-15$0.15quarterly2013-05-30
2013-03-05$0.15quarterly2013-03-21
2012-11-13$0.15quarterly2012-11-28
2012-08-15$0.15quarterly2012-08-30
2012-05-16$0.15quarterly2012-05-31
2012-03-01$0.15quarterly2012-03-19

Psychemedics Dividend per year

Psychemedics Dividend growth

Psychemedics Dividend Yield

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

Psychemedics Financial Ratios

P/E ratio-2.96
PEG ratio0.17
P/B ratio2.35
ROE-69.81%
Payout ratio-17.53%
Current ratio1.60
Quick ratio1.60
Cash Ratio0.38

Psychemedics Dividend FAQ

How much is the next Psychemedics dividend?
Psychemedics's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Psychemedics dividend. The next Psychemedics dividend will be released in May, August, or December.
When is Psychemedics dividend paid?
Psychemedics pays dividends on a quarterly basis. The specific dates may vary each year but are generally around May, August, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Psychemedics pay?
The specific amount of Psychemedics dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Psychemedics's dividend history.
Does Psychemedics stock pay dividends?
Yes, Psychemedics does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Psychemedics's dividend history.
How much dividend does Psychemedics pay?
Psychemedics paid $0.0 in 2024, $0.14 in 2023, $0.21 in 2022, $0.05 in 2021, and $0.18 in 2020.
How often does Psychemedics pay dividends?
Psychemedics typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around May, August, and December.
What is Psychemedics's dividend yield?
The current dividend yield for Psychemedics is -%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Psychemedics's exact dividend yield.
When does Psychemedics go ex dividend?
Psychemedics's ex-dividend date for the latest dividend was on 2023-05-24. Psychemedics typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Psychemedics dividend paid?
Psychemedics pays dividends on a quarterly basis, typically around May, August, or December, but the exact dates can vary each year.
Will Psychemedics increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Psychemedics will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Psychemedics dividend per share?
Psychemedics paid $0.0 per share in 2024 and $0.14 per share in 2023. The amount of dividend per share that Psychemedics pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Psychemedics a dividend aristocrat?
No, 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 Psychemedics a dividend king?
No, 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 Psychemedics a dividend stock?
Yes, Psychemedics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Psychemedics a good dividend stock?
Whether Psychemedics is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Psychemedics has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Psychemedics as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Psychemedics pay dividends monthly?
Psychemedics typically pays dividends on a quarterly basis.
Does Psychemedics pay dividends quarterly?
Psychemedics currently pays dividends on a quarterly basis.
Has Psychemedics ever paid a dividend?
Yes, Psychemedics has a history of paying dividends to its shareholders. Psychemedics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Psychemedics dividend stocks?
To buy Psychemedics 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Psychemedics 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.
When does Psychemedics pay dividends 2024?
Psychemedics pays dividends on a quarterly basis. 2024 dividend payments are in 2023-06-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Psychemedics increase its dividend in 2024?
Decisions regarding Psychemedics dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Psychemedics dividend overview you can look into the above table of dividend history.
How Psychemedics dividend works?
The Psychemedics dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Psychemedics's dividend process works:

1. Determination of Dividend: Psychemedics's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Psychemedics publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Psychemedics distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Psychemedics are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Psychemedics dividends paid?
Psychemedics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Psychemedics sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Psychemedics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Psychemedics declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Psychemedics pay dividends?
Psychemedics typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Psychemedics pay dividends?
The general pattern is that Psychemedics pays dividends around May, August, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Psychemedics dividend safe?
The safety of Psychemedics's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Psychemedics's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Psychemedics's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.