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Psychemedics Corporation Stock Dividends Overview

PMD used to pay dividends quarterly. Last paid amount was $0.0700 at Jun 08, 2023. As of today, dividend yield (TTM) is 1.46%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.46%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0700
Psychemedics Corporation has not yet announced its next dividend date. Last payment date was: Jun 08, 2023.

PMD Dividend Payout History

To ensure a understanding of PMD's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 09, 2023 May 24, 2023 Jun 08, 2023 $0.0700 1.46%
2 Mar 21, 2023 Mar 30, 2023 Apr 10, 2023 $0.0700 1.25%
3 Nov 09, 2022 Dec 01, 2022 Dec 16, 2022 $0.0700 1.41%
4 Aug 09, 2022 Aug 23, 2022 Sep 09, 2022 $0.0700 1.02%
5 May 10, 2022 May 26, 2022 Jun 24, 2022 $0.0700 1.11%
6 Dec 10, 2021 Dec 17, 2021 Dec 30, 2021 $0.0500 0.729%
7 Feb 11, 2020 Feb 20, 2020 Mar 03, 2020 $0.180 2.14%
8 Oct 22, 2019 Nov 04, 2019 Nov 15, 2019 $0.180 1.90%
9 Jul 23, 2019 Aug 05, 2019 Aug 16, 2019 $0.180 2.42%
10 Apr 24, 2019 May 06, 2019 May 17, 2019 $0.180 1.73%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

No dividend expected

PMD Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from PMD dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in PMD stock here.

Comparing PMD to Sector and Country

PMD pays a solid dividend yield of 1.46%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.359%). PMD’s dividend yield is lower than the average of the top 25% of dividend payers in the Healthcare sector in the US market (7.42%), which means that there are more attractive dividend stocks to consider.

PMD Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
PMD
Psychemedics Corporation 15.305M $0.0700 1.46% -
Medigus Ltd 4.472M $0.85 0% -26.87%

FAQ

What factors can affect the amount of PMD's dividend payments?
The amount of PMD's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in PMD sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from PMD stock be automatically reinvested?
If PMD offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy PMD stock.

How often does PMD pay dividend?
Psychemedics Corporation (PMD) used to pay dividends quarterly. The most recent payout was on Jun 08, 2023.

How much does PMD pays per share?
The last recorder (May 24, 2023) dividend per share was $0.0700.

What is PMD dividend growth rate?
Over the last year, Psychemedics Corporation has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 11.87%. Furthermore, examining the past 5 years, Psychemedics Corporation has maintained an average Dividends Per Share Growth Rate of -17.21%.
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About Psychemedics Corporation

Psychemedics Psychemedics Corporation provides testing services for the detection of drugs of abuse through the analysis of hair samples in the United States, Brazil, and internationally. The company offers screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, and PCP; amphetamines, including ecstasy, eve, and Adderall; opiates, such as heroin, hydrocodone, hydromorphone, oxycodone, oxymorphone, and codeine;... PMD Profile

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