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Defense Metals Corp., a junior exploration company, engages in the acquisition and exploration of mineral properties in Canada. It has an option to acquire 100% interest in the Wicheeda project consisting of six mining claims covering an area of 1,708 hectares located in British Columbia. The company was formerly known as First Legacy Mining Corp. and changed its name to Defense Metals Corp. in December 2018. Defense Metals Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

Defense Metals Dividend Announcement

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

Defense Metals Dividend History

Defense Metals Dividend Yield

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

Defense Metals Financial Ratios

P/E ratio-9.55
PEG ratio0.11
P/B ratio0.68
ROE-6.91%
Payout ratio0.00%
Current ratio0.43
Quick ratio0.43
Cash Ratio0.40

Defense Metals Dividend FAQ

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