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Decibel Cannabis Co (TSXV:DB) Dividend Yield % : 0.00% (As of Jun. 20, 2024)


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What is Decibel Cannabis Co Dividend Yield %?

As of today (2024-06-20), the Trailing Annual Dividend Yield of Decibel Cannabis Co is 0.00%.

The historical rank and industry rank for Decibel Cannabis Co's Dividend Yield % or its related term are showing as below:

TSXV:DB's Dividend Yield % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.83
* Ranked among companies with meaningful Dividend Yield % only.

Decibel Cannabis Co's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.00.

As of today (2024-06-20), the Forward Dividend Yield % of Decibel Cannabis Co is 0.00%.

Decibel Cannabis Co's Dividends per Share for the three months ended in Sep. 2023 was C$0.00.

The growth rate is calculated with least square regression.

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


Decibel Cannabis Co Dividend Yield % Historical Data

The historical data trend for Decibel Cannabis Co's Dividend Yield % 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.

Decibel Cannabis Co Dividend Yield % Chart

Decibel Cannabis Co Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
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Decibel Cannabis Co Quarterly Data
Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Decibel Cannabis Co's Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, Decibel Cannabis Co's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Decibel Cannabis Co's Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Decibel Cannabis Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Decibel Cannabis Co's Dividend Yield % falls into.



Decibel Cannabis Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Decibel Cannabis Co  (TSXV:DB) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Decibel Cannabis Co Dividend Yield % Related Terms

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Decibel Cannabis Co (TSXV:DB) Business Description

Traded in Other Exchanges
Address
140 - 4th Avenue SW, Suite 1440, Calgary, AB, CAN, T2P 3N3
Decibel Cannabis Co Inc is engaged in the cannabis operations business. It is involved in the production, distribution, and sale of recreational cannabis. All the revenues are generated in Canada. The company's revenue is comprised of wholesale sales of both products and services through its production facilities to distributors and licensed cannabis producers as well as the direct sale of products through its retail locations to end customers.
Executives
Cody Church Director