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Kendrick Resources PLC engages in the energy metals production business. Its projects include the Airijoki vanadium project in Sweden; the Central Sweden Projects covering a combined area of 197.2 square kilometers in Sweden; the Koitelainen Vosa Vanadium Project comprising a single granted exploration license covering 13.72 square kilometers located in Finland; and the Karhujupukka Vanadium and Nickel Project that comprises two granted exploration permits covering a combined area of 6.5 square kilometers in Finland. The company also has an option agreement to acquire Espedalen Nickel, Sigdal Nickel and Gold, and Hosanger Nickel Projects in Norway. The company was formerly known as BMR Group PLC and changed its name to Kendrick Resources PLC in February 2021. Kendrick Resources PLC was incorporated in 1989 and is headquartered in London, the United Kingdom.

Kendrick Resources Dividend Announcement

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

Kendrick Resources Dividend History

Kendrick Resources Dividend Yield

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

Kendrick Resources Financial Ratios

P/E ratio-0.50
PEG ratio-1.46
P/B ratio0.18
ROE-34.29%
Payout ratio0.00%
Current ratio0.30
Quick ratio0.30
Cash Ratio0.20

Kendrick Resources Dividend FAQ

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