1606 (CBDW) Dividend Payout Ratio : 0.00 (As of Mar. 2024)

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What is 1606 Dividend Payout Ratio?

1606's dividend payout ratio for the months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for 1606's Dividend Payout Ratio or its related term are showing as below:

CBDW's Dividend Payout Ratio is not ranked ^*
in the Tobacco Products industry.
Industry Median: 0.65
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-05-23), the Dividend Yield % of 1606 is 0.00%.

1606's Dividends per Share for the months ended in Mar. 2024 was $0.00.

The growth rate is calculated with least square regression.

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

1606 Dividend Payout Ratio Historical Data

The historical data trend for 1606'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.

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1606 Dividend Payout Ratio Chart

1606 Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Payout Ratio

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

Competitive Comparison of 1606's Dividend Payout Ratio

For the Tobacco subindustry, 1606'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.

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

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

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

1606 Dividend Payout Ratio Calculation

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

1606'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	/	-0.033
	=	N/A

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

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0	/	-0.011
	=	N/A

1606 (OTCPK:CBDW) 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.

1606 Dividend 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 » Dividend 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.