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Rennova Health, Inc., together with its subsidiaries, provides health care services in the United States. As of December 31, 2021, it owns one operating hospital in Oneida, Tennessee; an acute care hospital and a physician's practice in Jamestown, Tennessee; and a rural clinic in Williamsburg, Kentucky. The company was founded in 2005 and is based in West Palm Beach, Florida.

Rennova Health Dividend Announcement

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

Rennova Health Dividend History

Rennova Health Dividend Yield

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

Rennova Health Financial Ratios

P/E ratio4.30
PEG ratio0.84
P/B ratio-0.11
ROE-2.67%
Payout ratio0.00%
Current ratio0.12
Quick ratio0.11
Cash Ratio0.00

Rennova Health Dividend FAQ

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