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BIT Mining Limited operates as a cryptocurrency mining company. The company operates through three segments: Mining Pool, Data Center, and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 150 megawatts; and mining pool business, including the domain name and the cryptocurrency wallet of BTC.com, as well as purchases and deploys bitcoin mining machines. The company was formerly known as 500.com Limited and changed its name to BIT Mining Limited in April 2021. BIT Mining Limited was founded in 2001 and is headquartered in Hong Kong.

BIT Mining Dividend Announcement

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

BIT Mining Dividend History

BIT Mining Dividend Yield

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

BIT Mining Financial Ratios

P/E ratio-3.14
PEG ratio0.42
P/B ratio1.19
ROE-24.62%
Payout ratio0.00%
Current ratio0.74
Quick ratio0.74
Cash Ratio0.07

BIT Mining Dividend FAQ

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