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Mistango River Resources Inc., a junior mining and exploration company, acquires and explores for mineral properties in Canada. The company explores for gold, silver, zinc, and lead deposits. Its flagship project is the Omega project comprising 15 leased claims and two patents located in Ontario. The company also holds interest in the Kirkland West project covering an area of 4,300 hectares located in Kirkland Lake, as well as a 100% interest in the Sackville property situated in the Sackville/Aldina Township. The company was formerly known as GLR Resources Inc. and changed its name to Mistango River Resources Inc. in March 2011. The company is headquartered in Toronto, Canada.

Mistango River Resources Dividend Announcement

Mistango River Resources announced a quarterly dividend of C$0.03 per ordinary share which will be made payable on . Ex dividend date: 2001-06-27
Mistango River Resources's trailing twelve-month (TTM) dividend yield is -%

Mistango River Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2001-06-27C$0.03quarterly
2001-03-28C$0.02quarterly
2000-12-27C$0.03quarterly
2000-09-27C$0.03quarterly
2000-06-28C$0.03quarterly
2000-03-29C$0.03quarterly
1999-12-29C$0.03quarterly
1999-09-28C$0.29quarterly
1999-06-28C$0.03quarterly
1999-03-29C$0.03quarterly
1998-12-29C$0.03quarterly
1998-09-28C$0.03quarterly
1998-06-26C$0.03quarterly
1998-03-27C$0.03quarterly
1997-12-29C$0.03quarterly
1997-09-26C$0.29quarterly
1997-06-26C$0.29quarterly
1997-03-26C$0.25quarterly
1996-12-27C$0.25quarterly
1996-09-26C$0.25quarterly
1996-06-26C$0.25quarterly

Mistango River Resources Dividend per year

Mistango River Resources Dividend growth

Mistango River Resources Dividend Yield

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

Mistango River Resources Financial Ratios

P/E ratio251.79
PEG ratio57.91
P/B ratio1.59
ROE0.55%
Payout ratio0.00%
Current ratio7.62
Quick ratio7.62
Cash Ratio7.01

Mistango River Resources Dividend FAQ

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