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Simply Better Brands Corp. manufactures and sells hemp-based cannabidiol related products in the United States. The company offers tinctures, topicals, capsules, gummies, pet tinctures and treats, bath bombs, pet wellness products, and skincare products comprising caffeine eye cream, retinol night cream, charcoal peel-off masks, moisturizers, serums, toner, cleanser, and acne patches. It also provides nutritious bars. The company offers its products under the PureKana, Tru Brand, BudaPets, and No BS brands. Simply Better Brands Corp. sells its products through its own e-commerce platforms, and brick and mortar retailers. The company was formerly known as PureK Holdings Corp. and changed its name to Simply Better Brands Corp. in May 2021. The company was founded in 2017 and is headquartered in Vancouver, Canada. Simply Better Brands Corp. is a subsidiary of Heavenly Rx Ltd.

Simply Better Brands Dividend Announcement

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

Simply Better Brands Dividend History

Simply Better Brands Dividend Yield

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

Simply Better Brands Financial Ratios

P/E ratio-2.48
PEG ratio0.45
P/B ratio-34.73
ROE-6581.90%
Payout ratio0.00%
Current ratio0.70
Quick ratio0.39
Cash Ratio0.18

Simply Better Brands Dividend FAQ

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