The Payout ratio of NetMed, Inc. is N/A
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Netmed, Inc. did not have any significant operations, as of December 31, 2001. It is evaluating other business opportunities, as of that date. Previously, the company was engaged in the research and development activities associated with a proprietary ceramic-based technology for separation of oxygen from ambient air and other gases. The company was founded in 1989 and is based in Columbus, Ohio.