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Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region and Europe. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers. The company also provides services and resells third party gaming content to licensed online gaming distributors. Its platform is accessed through desktop and mobile applications. The company was formerly known as Source Gold Corp. and changed its name to Golden Matrix Group, Inc. in April 2016. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada.

Golden Matrix Dividend Announcement

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

Golden Matrix Dividend History

Golden Matrix Dividend Yield

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

Golden Matrix Financial Ratios

P/E ratio1636.87
PEG ratio-13.80
P/B ratio2.69
ROE0.19%
Payout ratio0.00%
Current ratio7.10
Quick ratio6.68
Cash Ratio5.51

Golden Matrix Dividend FAQ

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