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Canter Resources Corp. focuses on the exploration for and development of base and precious mineral resources in Canada. It has an option to acquire a 60% interest in the Schotts Lake property consists of 12 MARS mineral claims covering an area of 2,160 hectares located to the northwest of Flin Flon, Manitoba. The company was formerly known as Canter Capital Corp. and changed its name to Canter Resources Corp. in November 2021. Canter Resources Corp. was incorporated in 2018 and is headquartered in Vancouver, Canada.

Canter Resources Dividend Announcement

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

Canter Resources Dividend History

Canter Resources Dividend Yield

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

Canter Resources Financial Ratios

P/E ratio-0.89
PEG ratio-0.01
P/B ratio0.12
ROE-13.38%
Payout ratio0.00%
Current ratio6.76
Quick ratio6.76
Cash Ratio6.34

Canter Resources Dividend FAQ

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