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Kingsmen Resources Ltd., a junior mineral exploration company, engages in the acquisition and exploration of precious metals in mining districts of Parral Mexico. The company was formerly known as Tumi Resources Limited and changed its name to Kingsmen Resources Ltd. in July 2015. Kingsmen Resources Ltd. was incorporated in 2000 and is based in Vancouver, Canada.

Kingsmen Resources Dividend Announcement

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

Kingsmen Resources Dividend History

Kingsmen Resources Dividend Yield

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

Kingsmen Resources Financial Ratios

P/E ratio-15.61
PEG ratio-0.11
P/B ratio8.24
ROE-43.77%
Payout ratio0.00%
Current ratio10.84
Quick ratio10.84
Cash Ratio10.14

Kingsmen Resources Dividend FAQ

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