Dragon Mountain Gold Limited engages in the exploration and evaluation of mineral properties. It holds an interest in the Cawse project which includes 26 tenements and the Avalon project that consists of 7 tenements located in Western Australia. The company was incorporated in 2004 and is based in Subiaco, Australia.
Dragon Mountain Gold Dividend Announcement
• Dragon Mountain Gold announced a annually dividend of A$0.31 per ordinary share which will be made payable on 2012-07-20. Ex dividend date: 2012-07-09
• Dragon Mountain Gold's trailing twelve-month (TTM) dividend yield is -%
Dragon Mountain Gold Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2012-07-09 | A$0.31 | annually | 2012-07-20 |
Dragon Mountain Gold Dividend per year
Dragon Mountain Gold Dividend Yield
Dragon Mountain Gold current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Dragon Mountain Gold stock? Use our calculator to estimate your expected dividend yield:
Dragon Mountain Gold Financial Ratios
P/E ratio-6.93
PEG ratio1.52
P/B ratio1.66
ROE-22.83%
Payout ratio0.00%
Current ratio1.48
Quick ratio1.91
Cash Ratio0.95
Dragon Mountain Gold Dividend FAQ
Does Dragon Mountain Gold stock pay dividends?
Dragon Mountain Gold does not currently pay dividends to its shareholders.
Has Dragon Mountain Gold ever paid a dividend?
No, Dragon Mountain Gold has no a history of paying dividends to its shareholders. Dragon Mountain Gold is not known for its dividend payments.
Why doesn't Dragon Mountain Gold pay dividends?
There are several potential reasons why Dragon Mountain Gold 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.
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 Dragon Mountain Gold 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 Dragon Mountain Gold 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 Dragon Mountain Gold a dividend aristocrat?
Dragon Mountain Gold 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 Dragon Mountain Gold a dividend king?
Dragon Mountain Gold 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 Dragon Mountain Gold a dividend stock?
No, Dragon Mountain Gold 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 Dragon Mountain Gold stocks?
To buy Dragon Mountain Gold 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 Dragon Mountain Gold 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.
Place an order: Use the brokerage's trading platform to place an order to buy Dragon Mountain Gold 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.