79 Resources Ltd. is a Vancouver-based junior mining exploration company focused on acquiring and exploring mineral properties in Canada. Its main asset is the Five Point copper-gold project in Houston, British Columbia, covering 56,394 hectares.
79 Resources Dividend Announcement
• 79 Resources does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on 79 Resources dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
79 Resources Dividend History
79 Resources Dividend Yield
79 Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing 79 Resources stock? Use our calculator to estimate your expected dividend yield:
79 Resources Financial Ratios
P/E ratio-10.84
PEG ratio1.15
P/B ratio1.53
ROE-18.37%
Payout ratio0.00%
Current ratio6.90
Quick ratio6.90
Cash Ratio6.81
79 Resources Dividend FAQ
Does 79 Resources stock pay dividends?
79 Resources does not currently pay dividends to its shareholders.
Has 79 Resources ever paid a dividend?
No, 79 Resources has no a history of paying dividends to its shareholders. 79 Resources is not known for its dividend payments.
Why doesn't 79 Resources pay dividends?
There are several potential reasons why 79 Resources would choose not to pay dividends to their shareholders:
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will 79 Resources ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While 79 Resources has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is 79 Resources a dividend aristocrat?
79 Resources is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is 79 Resources a dividend king?
79 Resources is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is 79 Resources a dividend stock?
No, 79 Resources is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy 79 Resources stocks?
To buy 79 Resources you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy 79 Resources stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy 79 Resources stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.