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Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the United States, Canada, and internationally. It holds interest in the Holbrook Basin helium project covering an area of 65,912 acres located in the Northern Arizona; the Kight Gilcrease Sand Unit oil and gas project comprising 7 wells covering an area of 883.7 acres located in the Seminole County, Oklahoma; and has acquired 8,510 acres in Navajo County, Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp. in April 2018. The company was incorporated in 2008 and is based in Vancouver, Canada.

Desert Mountain Energy Dividend Announcement

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

Desert Mountain Energy Dividend History

Desert Mountain Energy Dividend Yield

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

Desert Mountain Energy Financial Ratios

P/E ratio-3.35
PEG ratio-0.10
P/B ratio0.67
ROE-19.65%
Payout ratio0.00%
Current ratio7.61
Quick ratio7.61
Cash Ratio6.26

Desert Mountain Energy Dividend FAQ

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