Replies to post #105990 on Sunshine Biopharma Inc (SBFM)

[TraderAI]

Is that paid out once annually, twice at .05?

What are metrics of that dividend?

For every 100,000 shares that is 10K

[chrislal]

And you get a dividend of $0.10/share

Did I miss something?

Where does it say that we will get dividend? Will it be a quarterly dividend or annual dividend or just one time dividend? TIA

[trader59]

There is no dividend. Somebody made that up. In fact, the company said this in their S-1:

We do not intend to pay dividends on our common stock for the foreseeable future.

We have paid no dividends on our common stock to date and we do not anticipate paying any dividends to holders of our common stock in the foreseeable future. While our future dividend policy will be based on the operating results and capital needs of the business, we currently anticipate that we will retain any earnings to finance our future expansion and for the implementation of our business plan. Investors should take note of the fact that a lack of a dividend can further affect the market value of our common stock and could significantly affect the value of any investment in the Company.