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Adastra Holdings (XCNQ:XTRX) Dividend Yield % : 0.00% (As of Jun. 19, 2024)


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What is Adastra Holdings Dividend Yield %?

As of today (2024-06-19), the Trailing Annual Dividend Yield of Adastra Holdings is 0.00%.

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

XCNQ:XTRX's Dividend Yield % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.84
* Ranked among companies with meaningful Dividend Yield % only.

Adastra Holdings's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

As of today (2024-06-19), the Forward Dividend Yield % of Adastra Holdings is 0.00%.

Adastra Holdings's Dividends per Share for the three months ended in Mar. 2024 was C$0.00.

The growth rate is calculated with least square regression.

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


Adastra Holdings Dividend Yield % Historical Data

The historical data trend for Adastra Holdings'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.

Adastra Holdings Dividend Yield % Chart

Adastra Holdings Annual Data
Trend Apr19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
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Adastra Holdings Quarterly Data
Oct18 Oct19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Adastra Holdings's Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, Adastra Holdings'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.


Adastra Holdings's Dividend Yield % Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Adastra Holdings's Dividend Yield % falls into.



Adastra Holdings Dividend Yield % Calculation

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


Adastra Holdings  (XCNQ:XTRX) 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.


Adastra Holdings Dividend Yield % Related Terms

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Adastra Holdings (XCNQ:XTRX) Business Description

Traded in Other Exchanges
Address
275th Street, Suite 5451, Langley, BC, CAN, V4W 3X8
Adastra Holdings Ltd is an extraction and processing solutions company. It aims to develop and deploy large-scale cannabis and hemp extraction technologies and provide turnkey processing solutions to help licensed standard and micro-cultivators maximize the value of every harvest. The company has two operating segments comprised of manufacturing and non-manufacturing operations. The manufacturing operations include the manufacturing, sale, and distribution of cannabis-related products, and the non-manufacturing operations include PerceiveMD.
Executives
Lachlan Clyde Mcleod Senior Officer

Adastra Holdings (XCNQ:XTRX) Headlines

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