About Blue Water Vaccines, Inc. (BWV) — Dividend Analysis 2026
Blue Water Vaccines, Inc., a biotechnology company, engages in the research and development of vaccines to prevent infectious diseases worldwide. The company's lead vaccine programs that are under preclinical development include BWV-101, an influenza vaccine; and BWV-102, a H1 pre-pandemic vaccine. It also has other pipeline under preclinical development comprising BWV-201, a streptococcus pneumoniae induced acute otitis media vaccine program; BWV-301, a norovirus-rotavirus vaccine program; and BWV-302, a norovirus-malaria vaccine program. The company was incorporated in 2018 and is based in Cincinnati, Ohio.
Is BWV a good dividend investment in 2026?
BWV offers a 1109.88% forward yield with a 50% payout ratio. Strand Safety Score: 15/100 (Critical Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
BWV DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your BWV portfolio grows to $672071511.81M vs $1.12M without reinvestment. This is the compound interest effect in action.
BWV dividend growth history & forecast
BWV has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 1109.88%.
Company generates negative FCF ($-10M) — borrowing to pay dividends
Debt Leverage0.0× Debt/EBITDA
0 / 30 pts
0/30
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum-0.0B → -0.1B → -0.0B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
High risk of dividend cut — weak fundamentals across multiple factors.
STRAND SCORE
15
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 BWV Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold BWV.
Gross yield
1109.88%
Tax rate
15.00%
After-tax yield
943.40%
Real yield (−CPI)
940.60%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
1109.88%
1107.08%
$110,988 / yr
🇺🇸 US Taxable (15%) ✓
15%
943.40%
940.60%
$94,340 / yr
🇺🇸 US Taxable (20%)
20%
887.90%
885.10%
$88,790 / yr
🇬🇧 UK ISA
0%
1109.88%
1107.08%
$110,988 / yr
🇬🇧 UK Taxable
8.75%
1012.77%
1009.97%
$101,277 / yr
🇨🇦 TFSA
0%
1109.88%
1107.08%
$110,988 / yr
🇨🇦 CA Taxable
25%
832.41%
829.61%
$83,241 / yr
🇦🇺 Super (pension)
15%
943.40%
940.60%
$94,340 / yr
🇦🇺 AU Taxable
30%
776.92%
774.12%
$77,692 / yr
🇩🇪 DE Taxable
26.375%
817.15%
814.35%
$81,715 / yr
🇫🇷 FR Taxable
30%
776.92%
774.12%
$77,692 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 BWV Income Goal & Break-Even
Dividend Break-Even
1yr
Years for dividends to fully repay your BWV investment of $0.18/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$152929974.82M
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$152929974.81M
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in BWV for:
Shares needed
14,118
Capital required
$2,544
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 BWV Dividend Payment Schedule
BWV pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 BWV vs Healthcare Benchmarks
How BWV compares to typical Healthcare averages.
Benchmark: Healthcare
Dividend Yield▲+1107.08% vs sectorBetter
BWV
1109.88%
avg
2.80%
5Y Dividend CAGR▼-6.80% vs sectorBelow avg
BWV
0.00%
avg
6.80%
Payout Ratio▲-5.00% vs sectorBetter
BWV
50.00%
avg
55.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for BWV sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ BWV Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
CAMPBELL NEIL J
director, officer: Chief Executive Officer
Other
2023-10-04
532,326
$0.43
$229.2K
Harmon Bruce
officer: Chief Financial Officer
Other
2023-10-04
177,442
$0.43
$76.4K
Jeremic Vuk
director
A-Award
2023-05-31
6,360
—
—
Ramdeen Timothy R.
director
A-Award
2023-05-31
6,360
—
—
Tarsh Simon
director
A-Award
2023-05-31
6,360
—
—
SAPIRSTEIN JAMES
director
A-Award
2023-05-31
6,360
—
—
Hernandez Joseph
director, 10 percent owner, officer: CEO
A-Award
2023-05-09
150,000
—
—
Garfield Jon
officer: Chief Financial Officer
A-Award
2023-05-09
100,000
—
—
Henderson Erin
officer: Chief Business Officer
A-Award
2023-05-09
150,000
—
—
Cincinnati Cornerstone Investors BWV I, LLC
10 percent owner
J-Other
2023-04-10
1,200,000
—
—
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🎯
Analyst Price Target
Wall Street consensus
Current Price
$0.18
Analyst Target
$4.00
Upside / Downside
+2119.8%
Range
$4.00 – $4.00
💡 If BWV reaches the analyst target of $4.00, investors buying today at $0.18 would see an effective yield of 50.00% on shares purchased at target price — vs 1109.88% at current price.
Analyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.
🔬
Financial Health Scores
Altman Z-Score
-9.64
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
4/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
🌍
Geographic Revenue Breakdown
Where BWV earns its money
European Union97%
UNITED STATES3%
Revenue breakdown from latest annual report via FMP. Percentages may not sum to 100% due to rounding.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the BWV dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →