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Ascot Resources Ltd. operates as a mineral development and exploration company in the United States and Canada. The company explores for gold, silver, copper, molybdenum, and gravel deposits. It holds 100% interests in the Premier Gold project covering an area of 8,133 hectares located to the northwest of the town of Stewart, British Columbia; and the Red Mountain project covering an area of 17,125 hectares located to the east-northeast of the town of Stewart. The company also holds interests in the Mount Margaret property located to the southwest of the town of Randle in Skamania County in the southwest of Washington State; and the Swamp Point located on the Portland Canal in northwestern British Columbia. Ascot Resources Ltd. was incorporated in 1986 and is headquartered in Vancouver, Canada.

Ascot Resources Dividend Announcement

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

Ascot Resources Dividend History

Ascot Resources Dividend Yield

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

Ascot Resources Financial Ratios

P/E ratio-11.42
PEG ratio-0.08
P/B ratio0.36
ROE-3.37%
Payout ratio0.00%
Current ratio0.23
Quick ratio0.18
Cash Ratio0.12

Ascot Resources Dividend FAQ

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