Table of Contents

company-logo

Sunshine Biopharma, Inc., a pharmaceutical and nutritional supplement company, focuses on the research and development of anticancer drugs. The company is developing Adva-27a, a GEM-difluorinated C-glycoside derivative of podophyllotoxin to treat leukemia, lymphoma, testicular, lung, brain, prostate, bladder, colon, ovarian, liver, and other forms of cancers, as well as kills multidrug resistant cancer cells, including pancreatic cancer, breast cancer, small-cell lung cancer, and uterine sarcoma cells; and SBFM-PL4, an anti-coronavirus treatment compound. It also offers Essential 9, a nutritional supplement tablet; and Calcium-Vitamin D supplement under the Essential Calcium-Vitamin D brand name, as well as develops and markets other science-based nutritional supplements. The company has a license agreement with the University of Georgia to advance the development of its anti-coronavirus lead compound, SBFM-PL4. Sunshine Biopharma, Inc. is headquartered in Pointe-Claire, Canada.

Sunshine Biopharma Dividend Announcement

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

Sunshine Biopharma Dividend History

Sunshine Biopharma Dividend Yield

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

Sunshine Biopharma Financial Ratios

P/E ratio-0.73
PEG ratio-0.03
P/B ratio0.12
ROE-17.88%
Payout ratio0.00%
Current ratio5.74
Quick ratio3.57
Cash Ratio2.70

Sunshine Biopharma Dividend FAQ

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