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Tenax Therapeutics, Inc., a specialty pharmaceutical company, engages in identifying, developing, and commercializing products for cardiovascular and pulmonary diseases in the United States and Canada. It develops TNX-103 and TNX-102 (levosimendan) that have completed phase II clinical trials for the treatment of patients with pulmonary hypertension associated with heart failure with preserved ejection fraction and associated pulmonary hypertension; and TNX-201 (imatinib), a tyrosine kinase inhibitor for the treatment of pulmonary arterial hypertension. The company was formerly known as Oxygen Biotherapeutics, Inc. and changed its name to Tenax Therapeutics, Inc. in September 2014. Tenax Therapeutics, Inc. was founded in 1967 and is headquartered in Morrisville, North Carolina.

Tenax Therapeutics Dividend Announcement

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

Tenax Therapeutics Dividend History

Tenax Therapeutics Dividend Yield

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

Tenax Therapeutics Financial Ratios

P/E ratio-1.97
PEG ratio0.36
P/B ratio1.10
ROE-48.90%
Payout ratio0.00%
Current ratio6.10
Quick ratio6.10
Cash Ratio5.39

Tenax Therapeutics Dividend FAQ

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