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Sesen Bio, Inc., a late-stage clinical company, focuses on designing, engineering, developing, and commercializing targeted fusion protein therapeutics (TFPTs) for the treatment patients with cancer. Its lead product candidates include Vicineum, a locally-administered targeted fusion protein that is in Phase III clinical trials for the treatment of bacillus Calmette-Guérin (BCG)-unresponsive non-muscle invasive bladder cancer; to treat non-muscle invasive carcinoma in situ of the bladder in patients previously treated with BCG; and for the treatment of squamous cell carcinoma of the head and neck, as well as VB6-845d, a product candidate for use in the treatment of various types of an anti-epithelial cell adhesion molecule-positive solid tumors. Sesen Bio, Inc. has an agreement with Leiden University Medical Center to co-develop an imaging agent. The company was formerly known as Eleven Biotherapeutics, Inc. and changed its name to Sesen Bio, Inc. in May 2018. Sesen Bio, Inc. was incorporated in 2008 and is headquartered in Cambridge, Massachusetts.

Sesen Bio Dividend Announcement

• Sesen Bio announced a annually dividend of $0.02 per ordinary share which will be made payable on . Ex dividend date: 2023-03-06
• Sesen Bio's trailing twelve-month (TTM) dividend yield is -%

Sesen Bio Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-03-06$0.02annually

Sesen Bio Dividend per year

Sesen Bio Dividend Yield

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

Sesen Bio Financial Ratios

P/E ratio-0.61
PEG ratio-0.00
P/B ratio0.55
ROE-73.06%
Payout ratio0.00%
Current ratio7.53
Quick ratio7.53
Cash Ratio6.42

Sesen Bio Dividend FAQ

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