Table of Contents

company-logo

PyroGenesis Canada Inc. designs, develops, manufactures, and commercializes plasma processes and systems in Canada and internationally. It offers DROSRITE, a process for enhancing metal recovery from dross without any hazardous by-products, targeting primarily the aluminum and zinc industries; PUREVAP, a process to produce high purity metallurgical and solar grade silicon from quartz; and PUREVAP Nano Silicon Reactor, which is designed to transform silicon into spherical silicon powders and silicon nanowires for use in lithium-ion batteries. The company also provides plasma torches, including APT high-powered plasma torch for replacing fossil fuel burners. In addition, it offers plasma arc waste destruction systems for waste destruction onboard ships; steam plasma arc refrigerant cracking systems for the destruction of certain refrigerants, including chlorofluorocarbons, hydrofluorocarbons, and hydrochlorofluorocarbons; plasma arc chemical warfare agent destruction systems, which are mobile platforms for the onsite destruction of chemical warfare agents; plasma resource recovery systems for land-based waste destruction and waste-to-energy applications; plasma torches for waste gasification and combustion; and plasma arc gasification and vitrification. Further, the company provides engineering and manufacturing expertise, and contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Additionally, it offers installation, commissioning, and start-up services. The company is headquartered in Montréal, Canada.

PyroGenesis Canada Dividend Announcement

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

PyroGenesis Canada Dividend History

PyroGenesis Canada Dividend Yield

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

PyroGenesis Canada Financial Ratios

P/E ratio-7.25
PEG ratio-1.55
P/B ratio-27.30
ROE817.51%
Payout ratio0.00%
Current ratio0.68
Quick ratio0.59
Cash Ratio0.12

PyroGenesis Canada Dividend FAQ

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