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Greenland Resources Inc., a mining company, engages in the acquisition, exploration, and development of mineral projects in Greenland. Its flagship project is the 100% owned Malmbjerg molybdenum project that covers an area of 82 square kilometer located in eastern Greenland. The company was formerly known as Primera Bioscience Research Inc. and changed its name to Greenland Resources Inc. in June 2014. Greenland Resources Inc. was incorporated in 2008 and is headquartered in Toronto, Canada.

Greenland Resources Dividend Announcement

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

Greenland Resources Dividend History

Greenland Resources Dividend Yield

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

Greenland Resources Financial Ratios

P/E ratio-18.03
PEG ratio-0.28
P/B ratio41.86
ROE-147.11%
Payout ratio0.00%
Current ratio18.96
Quick ratio18.96
Cash Ratio14.36

Greenland Resources Dividend FAQ

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