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Granada Gold Mine Inc., a junior natural resource company, acquires, explores for, and develops mineral properties in Canada. It explores for gold deposits. The company holds 100% interest in the Granada property, which comprises 2 mining leases and 50 mining claims covering an area of 1,474 hectares located in Rouyn-Noranda, Quebec. The company was formerly known as Gold Bullion Development Corp. and changed its name to Granada Gold Mine Inc. in January 2017. The company was incorporated in 1985 and is headquartered in Coquitlam, Canada.

Granada Gold Mine Dividend Announcement

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

Granada Gold Mine Dividend History

Granada Gold Mine Dividend Yield

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

Granada Gold Mine Financial Ratios

P/E ratio-2.14
PEG ratio-0.04
P/B ratio-0.35
ROE17.42%
Payout ratio0.00%
Current ratio0.03
Quick ratio0.03
Cash Ratio0.00

Granada Gold Mine Dividend FAQ

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