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Lake Victoria Gold Ltd., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Tanzania. The company primarily explores for gold deposits. Its flagship project is the Tembo gold property covering an area of 32 square kilometers located in the Lake Victoria goldfield district in northwest Tanzania. The company was formerly known as Tembo Gold Corp. and changed its name to Lake Victoria Gold Ltd. in December 2023. Lake Victoria Gold Ltd. was incorporated in 1937 and is based in Vancouver, Canada.

Lake Victoria Gold Dividend Announcement

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

Lake Victoria Gold Dividend History

Lake Victoria Gold Dividend Yield

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

Lake Victoria Gold Financial Ratios

P/E ratio-5.12
PEG ratio0.27
P/B ratio3.66
ROE-65.20%
Payout ratio0.00%
Current ratio0.18
Quick ratio0.18
Cash Ratio0.04

Lake Victoria Gold Dividend FAQ

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