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AltynGold plc, together with its subsidiaries, engages in the exploration and development of gold doré properties that contain gold and silver mineral deposits in the Republic of Kazakhstan. Its flagship asset is the Sekisovskoye gold mine located in North East Kazakhstan. The company was formerly known as Altyn Plc and changed its name to AltynGold plc in December 2020. The company was founded in 1997 and is headquartered in London, the United Kingdom. AltynGold plc is a subsidiary of African Resources Limited.

AltynGold Dividend Announcement

• AltynGold does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on AltynGold dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

AltynGold Dividend History

AltynGold Dividend Yield

AltynGold current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing AltynGold stock? Use our calculator to estimate your expected dividend yield:

AltynGold Financial Ratios

P/E ratio6.37
PEG ratio5.09
P/B ratio1.02
ROE16.54%
Payout ratio0.00%
Current ratio1.47
Quick ratio0.85
Cash Ratio0.20

AltynGold Dividend FAQ

Does AltynGold stock pay dividends?
AltynGold does not currently pay dividends to its shareholders.
Has AltynGold ever paid a dividend?
No, AltynGold has no a history of paying dividends to its shareholders. AltynGold is not known for its dividend payments.
Why doesn't AltynGold pay dividends?
There are several potential reasons why AltynGold 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.
Will AltynGold 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 AltynGold 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 AltynGold a dividend aristocrat?
AltynGold 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 AltynGold a dividend king?
AltynGold 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 AltynGold a dividend stock?
No, AltynGold 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 AltynGold stocks?
To buy AltynGold 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 AltynGold 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.