As of today (2024-05-25), the Forward Annual Dividend Yield of Psychemedics is 0.00%.
As of today (2024-05-25), the Trailing Annual Dividend Yield of Psychemedics is 2.72%.
PMD's Forward Dividend Yield % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 1.765 * Ranked among companies with meaningful Forward Dividend Yield % only.
During the past 12 months, Psychemedics's average Dividends Per Share Growth Rate was -75.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -8.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -30.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -17.50% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Psychemedics was 26.00% per year. The lowest was -58.30% per year. And the median was 1.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Psychemedics's Forward Dividend Yield %
For the Diagnostics & Research subindustry, Psychemedics's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.
Psychemedics's Forward Dividend Yield % Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Psychemedics's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Psychemedics's Forward Dividend Yield % falls into.
Psychemedics Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
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.
Psychemedics Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Psychemedics's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Psychemedics Corp is engaged in providing testing services for the detection of drugs of abuse through the analysis of hair samples. The company operates through a single segment of drug testing services which include training for the collection of samples and storage of positive samples for its customers for an agreed-upon fee per unit testing of samples. The testing methods of the company utilize a patented technology that digests the hair and releases drugs trapped in the hair without destroying the drugs. Geographically it generates the majority of its revenue from the United States.
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