Vitura Health Limited engages in the sale and distribution of medicinal cannabis products in Australia and Asia. Its brands include CanView, Burleigh Heads Cannabis, CDA Clinics, Cannadoc, and Adaya. The company was formerly known as Cronos Australia Limited and changed its name to Vitura Health Limited in February 2023. The company was incorporated in 2018 and is based in South Yarra, Australia.
Vitura Health Dividend Announcement
• Vitura Health announced a annually dividend of A$0.01 per ordinary share which will be made payable on 2023-09-28. Ex dividend date: 2023-09-04
• Vitura Health annual dividend for 2023 was A$0.01
• Vitura Health's trailing twelve-month (TTM) dividend yield is -%
• Vitura Health's payout ratio for the trailing twelve months (TTM) is 158.48%
Vitura Health Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-04 | A$0.01 | annually | 2023-09-28 |
2022-09-16 | A$0.01 | annually | 2022-10-11 |
Vitura Health Dividend per year
Vitura Health Dividend Yield
Vitura Health current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Vitura Health stock? Use our calculator to estimate your expected dividend yield:
Vitura Health Financial Ratios
Vitura Health Dividend FAQ
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.
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