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Lithium Corporation, an exploration stage mining company, engages in the identification, acquisition, and exploration of metals and minerals in Nevada and British Columbia. It explores for lithium/boron/potassium, graphite, gold, and silver deposits, as well as titanium and rare earth elements. The company owns interests in the Fish Lake Valley property that includes 143 claims covering an area of approximately 11,360 acres located in northern Esmeralda County in west central Nevada; and San Emidio property comprising 10 claims, which cover an area of approximately 1,600 acres located in Washoe County in northwestern Nevada. It also holds interests in the BC Sugar Flake Graphite property covering an area 19,816 acres located in the Cherryville area of British Columbia; and Hughes claims located in the six discrete prospect areas of Nevada. The company was formerly known as Utalk Communications Inc. and changed its name to Lithium Corporation in September 2009. Lithium Corporation was incorporated in 2007 and is headquartered in Elko, Nevada.

Lithium Dividend Announcement

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

Lithium Dividend History

Lithium Dividend Yield

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

Lithium Financial Ratios

P/E ratio-6.64
PEG ratio-2.59
P/B ratio5.27
ROE-58.27%
Payout ratio0.00%
Current ratio1.47
Quick ratio1.47
Cash Ratio1.43

Lithium Dividend FAQ

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