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Spectral Medical Inc., together with its subsidiaries, focuses on the development and commercialization of products for the treatment of septic shock and renal disease in North America. The company markets Endotoxin Activity Assay, a rapid in vitro diagnostic test for the detection of components of gram negative bacterial cell wall; and Polymyxin B Hemoperfusion, a therapeutic hemoperfusion device that removes endotoxin from the bloodstream. It also develops and manufactures monoclonal and polyclonal antibodies, recombinant cardiac proteins, and calibrators for use in the research and development, as well as products that are manufactured by other diagnostic companies; and develops platform for renal replacement therapy. The company was formerly known as Spectral Diagnostics Inc. and changed its name to Spectral Medical Inc. in December 2014. Spectral Medical Inc. was incorporated in 1991 and is headquartered in Toronto, Canada.

Spectral Medical Dividend Announcement

• Spectral Medical announced a annually dividend of $0.12 per ordinary share which will be made payable on . Ex dividend date: 2011-12-19
• Spectral Medical's trailing twelve-month (TTM) dividend yield is -%

Spectral Medical Dividend History

Ex-Div dateDividend amountDividend typePay date
2011-12-19$0.12annually

Spectral Medical Dividend per year

Spectral Medical Dividend Yield

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

Spectral Medical Financial Ratios

P/E ratio-5.87
PEG ratio-1.07
P/B ratio-4.71
ROE110.61%
Payout ratio0.00%
Current ratio0.22
Quick ratio0.21
Cash Ratio0.17

Spectral Medical Dividend FAQ

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