The Yumy Candy Company Inc., a low sugar plant-based confectionery company, engages in developing of gelatin-free candies. The company was formerly known as Yummy Bear Googs Inc. and changed its name to The Yumy Candy Company Inc. in December 2021. The company is headquartered in Vancouver, Canada.
Yumy Candy Dividend Announcement
• Yumy Candy does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Yumy Candy dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Yumy Candy Dividend History
Yumy Candy Dividend Yield
Yumy Candy current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Yumy Candy stock? Use our calculator to estimate your expected dividend yield:
Yumy Candy Financial Ratios
P/E ratio-2.47
PEG ratio-0.22
P/B ratio-0.82
ROE38.21%
Payout ratio0.00%
Current ratio0.09
Quick ratio0.08
Cash Ratio0.01
Yumy Candy Dividend FAQ
Does Yumy Candy stock pay dividends?
Yumy Candy does not currently pay dividends to its shareholders.
Has Yumy Candy ever paid a dividend?
No, Yumy Candy has no a history of paying dividends to its shareholders. Yumy Candy is not known for its dividend payments.
Why doesn't Yumy Candy pay dividends?
There are several potential reasons why Yumy Candy 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.
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 Yumy Candy 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 Yumy Candy 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 Yumy Candy a dividend aristocrat?
Yumy Candy 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 Yumy Candy a dividend king?
Yumy Candy 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 Yumy Candy a dividend stock?
No, Yumy Candy 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 Yumy Candy stocks?
To buy Yumy Candy 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 Yumy Candy 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.
Place an order: Use the brokerage's trading platform to place an order to buy Yumy Candy 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.