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Therma Bright Inc. engages in the development and sale of rapid COVID testing products, medical devices for pain management, devices to improve circulation, and devices for the cosmeceutical industry. The company's products include AcuVid, an antigen and antibody rapid screening test for COVID-19; InterceptCS, a cold sore prevention system, which provides controlled topical heat without the risk of burning the skin; Benepod, a hot and cold contrast therapy device for pain relief without pain relieving medication; Venowave, a medical compression pump designed to treat and alleviate the symptoms associated with poor circulation; and TherOZap, a thermal therapy insect device that reduces the inflammatory response, as well as relieves the symptoms of pain, itching, and inflammation associated with insect bites and stings. It serves consumers and medical professionals. The company was formerly known as The Jenex Corporation and changed its name to Therma Bright Inc. in February 2018. Therma Bright Inc. was incorporated in 2001 and is based in Toronto, Canada.

Therma Bright Dividend Announcement

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

Therma Bright Dividend History

Therma Bright Dividend Yield

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

Therma Bright Financial Ratios

P/E ratio-4.82
PEG ratio0.11
P/B ratio8.36
ROE-196.54%
Payout ratio0.00%
Current ratio0.11
Quick ratio0.04
Cash Ratio0.00

Therma Bright Dividend FAQ

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