GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Akanda Corp (NAS:AKAN) » Definitions » Dividend Payout Ratio

Akanda (Akanda) Dividend Payout Ratio : 0.00 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Akanda Dividend Payout Ratio?

Akanda's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Akanda's Dividend Payout Ratio or its related term are showing as below:


AKAN's Dividend Payout Ratio is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.33
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-06-02), the Dividend Yield % of Akanda is 0.00%.

Akanda's Dividends per Share for the months ended in Dec. 2023 was $0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Akanda Dividend Payout Ratio Historical Data

The historical data trend for Akanda's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Akanda Dividend Payout Ratio Chart

Akanda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
- - - - -

Akanda Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Akanda's Dividend Payout Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Akanda's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akanda's Dividend Payout Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Akanda's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Akanda's Dividend Payout Ratio falls into.



Akanda Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Akanda's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0/ -91.293
=N/A

Akanda's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Akanda (NAS:AKAN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Akanda Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Akanda's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Akanda (Akanda) Business Description

Traded in Other Exchanges
Address
1A, 1B Learoyd Road, New Romney, GBR, TN28 8XU
Akanda Corp is a cannabis cultivation, manufacturing and distribution company. The Company has three reportable segments: Cultivation, Distribution and Corporate. Cultivating activities comprise the cultivation segment is made up of the medical cannabis cultivation operations at RPK/Holigen in Portugal, and medical cannabis cultivation activities. Distributing activities relate to the distribution of medical cannabis by Canmart Ltd in the United Kingdom. Corporate activities entail head office costs and other general corporate expenses related to the administration of the broader group.

Akanda (Akanda) Headlines

From GuruFocus

Akanda Corp.'s Chief Executive Officer Submits Resignation

By Business Wire Business Wire 02-07-2023