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First Colombia Gold Corp. engages in the exploration and production of oil and gas properties. The company operates through Energy and Mining divisions. It holds interests in 96 oil wells with a gross acreage of 4,302 acres in the counties of Cumberland, Monroe, Overton, and Clinton. The company is also involved in the precious minerals exploration business. It owns 2 unpatented mining claims in the Skip Silver prospect covering an area of approximately 40 acres in central Montana. The company was formerly known as Amazon Goldsands Ltd. and changed its name to First Colombia Gold Corp. in November 2010. First Colombia Gold Corp. was founded in 1997 and is based in Nashville, Tennessee.

First Colombia Gold Dividend Announcement

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

First Colombia Gold Dividend History

First Colombia Gold Dividend Yield

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

First Colombia Gold Financial Ratios

P/E ratio-95.12
PEG ratio1.58
P/B ratio-7.81
ROE8.21%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

First Colombia Gold Dividend FAQ

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