1606 (CBDW) Total Payout Ratio : 0.08 (As of May. 24, 2024)

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What is 1606 Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

1606's current Total Payout Ratio is 0.08.

1606 Total Payout Ratio Historical Data

The historical data trend for 1606's Total 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.

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1606 Total Payout Ratio Chart

1606 Annual Data

Trend

Dec21

Dec22

Dec23

Total Payout Ratio

0.25

0.30

0.26

1606 Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Payout Ratio	Get a 7-Day Free Trial					1.41	-	-	-	0.44

Competitive Comparison of 1606's Total Payout Ratio

For the Tobacco subindustry, 1606's Total Payout Ratio, along with its competitors' market caps and Total 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.

1606's Total Payout Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, 1606's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where 1606's Total Payout Ratio falls into.

1606 Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

1606's Total Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0.413	+	0)	/	-1.581
	=	0.26

1606's Total Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0.125	+	0)	/	-0.286
	=	0.44

1606 Total Payout Ratio Related Terms

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1606 (CBDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » 1606 Corp (OTCPK:CBDW) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2425 E. Camelback Road, Suite 150, Phoenix, AZ, USA, 85016

Website

https://cbd.inc

1606 Corp offers nicotine-free and tobacco-free alternatives to traditional cigarettes and vaping products. Its products are manufactured with a blend of all-natural ingredients to provide smokers aged 21+ an alternative to traditional cigarettes that do not contain nicotine or tobacco and promote health benefits such as pain management, reduced anxiety, and enhance wakefulness. Smokable hemp is a Company Product That is an alternative for customers that currently smoke or want to quit smoking nicotine.