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Benz Mining Corp. engages in the acquisition, exploration, and exploitation of mineral properties in the Americas. The company holds interests in the Eastmain Gold project that comprises 152 contiguous mining claims covering an area of 8,014.36 hectares located to the northeast of Montreal; and the Windy Mountain property, which consists of 73 claims covering an area of 3,846.3 hectares. It also has an option to acquire a 100% interest in the Ruby Hill West and Ruby Hill East projects located west of the Eastmain gold project. The company was formerly known as Benz Capital Corp. and changed its name to Benz Mining Corp. in January 2015. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

Benz Mining Dividend Announcement

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

Benz Mining Dividend History

Benz Mining Dividend Yield

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

Benz Mining Financial Ratios

P/E ratio-17.62
PEG ratio0.27
P/B ratio7.64
ROE-39.87%
Payout ratio0.00%
Current ratio9.51
Quick ratio9.51
Cash Ratio8.69

Benz Mining Dividend FAQ

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