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Scandion Oncology A/S, a clinical-stage biotechnology company, develops medicines for the treatment of chemotherapy resistance. Its lead product candidate includes the SCO-101, an oral compound that is in clinical Phase Ib and Phase II studies in cancer patients. The company's other product candidate is SCO-201, which is in preclinical trial for the treatment of solid tumors. Scandion Oncology A/S was founded in 2017 and is headquartered in Copenhagen, Denmark.

Scandion Oncology Dividend Announcement

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

Scandion Oncology Dividend History

Scandion Oncology Dividend Yield

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

Scandion Oncology Financial Ratios

P/E ratio-0.17
PEG ratio0.00
P/B ratio0.24
ROE-119.05%
Payout ratio0.00%
Current ratio4.82
Quick ratio4.82
Cash Ratio3.16

Scandion Oncology Dividend FAQ

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