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Forsys Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Namibia, Africa. The company explores for uranium and gold mineral properties. Its flagship project is Norasa Uranium Project, which includes the Valencia project covering an area of 735.6 hectares located in the south-west of the town of Usakos in central-west Namibia; and the Namibplaas project located in the northeast of Valencia. The company was formerly known as Forsys Technologies Inc. and changed its name to Forsys Metals Corp. in June 2005. Forsys Metals Corp. was incorporated in 1985 and is headquartered in Toronto, Canada.

Forsys Metals Dividend Announcement

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

Forsys Metals Dividend History

Forsys Metals Dividend Yield

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

Forsys Metals Financial Ratios

P/E ratio-18.56
PEG ratio-4.70
P/B ratio5.66
ROE-30.15%
Payout ratio0.00%
Current ratio11.35
Quick ratio11.35
Cash Ratio10.60

Forsys Metals Dividend FAQ

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