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Denison Mines Corp. engages in the acquisition, exploration, development, extraction, processing, selling of, and investing in uranium properties in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp. in December 2006. Denison Mines Corp. was founded in 1997 and is headquartered in Toronto, Canada.

Denison Mines Dividend Announcement

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

Denison Mines Dividend History

Denison Mines Dividend Yield

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

Denison Mines Financial Ratios

P/E ratio45.15
PEG ratio2.78
P/B ratio4.21
ROE9.44%
Payout ratio0.00%
Current ratio6.94
Quick ratio6.78
Cash Ratio6.22

Denison Mines Dividend FAQ

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