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Silo Pharma, Inc. operates as a developmental stage biopharmaceutical company. The company focuses on merging traditional therapeutics with psychedelic research for patients with depression, post-traumatic stress disorder, Alzheimer's, Parkinson's, and other rare neurological disorders. It has a scientific research agreement with the University of Maryland, The Regents of the University of California, and Columbia University. The company was formerly known as Uppercut Brands, Inc. and changed its name to Silo Pharma, Inc. in September 2020. Silo Pharma, Inc. was incorporated in 2010 and is headquartered in Englewood Cliffs, New Jersey.

Silo Pharma Dividend Announcement

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

Silo Pharma Dividend History

Silo Pharma Dividend Yield

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

Silo Pharma Financial Ratios

P/E ratio-0.99
PEG ratio0.03
P/B ratio0.55
ROE-62.51%
Payout ratio0.00%
Current ratio7.91
Quick ratio7.91
Cash Ratio4.65

Silo Pharma Dividend FAQ

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