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Metalore Resources Limited, a junior resource company, engages in natural gas production and gold exploration in Canada. It owns and/or controls approximately 40,000 acres of petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company also distributes natural gas to approximately 150 commercial and residential customers through pipelines. In addition, it explores for gold, copper, zinc, lithium, PGE's, and diamonds. The company was formerly known as New Metalore Mining Company Limited and changed its name to Metalore Resources Limited in 1976. Metalore Resources Limited was incorporated in 1943 and is headquartered in Simcoe, Canada.

Metalore Resources Dividend Announcement

Metalore Resources announced a annually dividend of C$0.40 per ordinary share which will be made payable on . Ex dividend date: 2018-02-02
Metalore Resources's trailing twelve-month (TTM) dividend yield is -%

Metalore Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2018-02-02C$0.40annually
2013-11-21C$0.04annually
2012-11-22C$0.04annually
2011-11-21C$0.06annually
2010-11-24C$0.06annually
2009-11-25C$0.06annually
2008-11-26C$0.07annually
2007-11-28C$0.08annually
2006-11-24C$0.08annually
2005-11-24C$0.08annually
2004-11-24C$0.02annually
2003-11-24C$0.07annually

Metalore Resources Dividend per year

Metalore Resources Dividend growth

Metalore Resources Dividend Yield

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

Metalore Resources Financial Ratios

P/E ratio-5.08
PEG ratio-0.05
P/B ratio0.72
ROE-13.21%
Payout ratio0.00%
Current ratio137.11
Quick ratio136.17
Cash Ratio13.00

Metalore Resources Dividend FAQ

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