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SLANG Worldwide Inc. operates as a cannabis consumer packaged goods company in Canada and the United States. It owns, licenses, and/or markets 10 brands which serve flower, inhalable concentrate, and ingestible. SLANG Worldwide Inc. has a strategic partnership with Trulieve Cannabis Corp. to supply branded cannabis products in Massachusetts. The company was formerly known as Fire Cannabis Inc. and changed its name to SLANG Worldwide Inc. in November 2018. SLANG Worldwide Inc. was incorporated in 2017 and is headquartered in Toronto, Canada.

SLANG Worldwide Dividend Announcement

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

SLANG Worldwide Dividend History

SLANG Worldwide Dividend Yield

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

SLANG Worldwide Financial Ratios

P/E ratio-0.07
PEG ratio-0.00
P/B ratio-0.10
ROE405.56%
Payout ratio0.00%
Current ratio0.37
Quick ratio0.24
Cash Ratio0.18

SLANG Worldwide Dividend FAQ

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