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Geologica Resource Corp., an exploration and development company, focuses on the acquisition, exploration, and development of mineral properties in North America. Its principal project is the Topley copper gold project consisting of 7 mineral claims totaling an area of approximately 2,706 hectares located in British Colombia. The company was formerly known as Cabbay Holdings Corp. and changed its name to as Geologica Resource Corp. in February 2021. The company was incorporated in 2016 and is headquartered in Vancouver, Canada. Geologica Resource Corp. operates as a subsidiary of Tower One Wireless Corp.

Geologica Resource Dividend Announcement

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

Geologica Resource Dividend History

Geologica Resource Dividend Yield

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

Geologica Resource Financial Ratios

P/E ratio-2.68
PEG ratio0.06
P/B ratio-16.02
ROE423.32%
Payout ratio0.00%
Current ratio0.16
Quick ratio0.16
Cash Ratio0.03

Geologica Resource Dividend FAQ

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