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Laramide Resources Ltd. engages in the mining, exploration, and development of uranium assets in Australia, Canada, and the United States. It holds 100% interest in the Church rock uranium project, the Crownpoint uranium project, the La Jara Mesa Uranium project, and the La Sal Uranium project located in the United States; and holds 100% interest in the Westmoreland Uranium project and the Murphy uranium project located in Australia. The company was incorporated in 1980 and is headquartered in Toronto, Canada.

Laramide Resources Dividend Announcement

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

Laramide Resources Dividend History

Laramide Resources Dividend Yield

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

Laramide Resources Financial Ratios

P/E ratio-26.19
PEG ratio0.96
P/B ratio1.93
ROE-7.59%
Payout ratio0.00%
Current ratio0.67
Quick ratio0.67
Cash Ratio0.13

Laramide Resources Dividend FAQ

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