Mountain Province Diamonds Inc. focuses on the mining and marketing of rough diamonds worldwide. Its primary asset is its 49% interest in the Gahcho Kué diamond mine comprising mining leases covering an area of 5,216 hectares; and holds a 100% interest in the Kennady North project consisting of 22 federal leases and 97 claims covering an area of 107,000 hectares located in the Northwest Territories, Canada. The company was formerly known as Mountain Province Mining Inc. and changed its name to Mountain Province Diamonds Inc. in October 2000. Mountain Province Diamonds Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.
Mountain Province Diamonds Dividend Announcement
• Mountain Province Diamonds announced a annually dividend of $0.03 per ordinary share which will be made payable on 2018-09-25. Ex dividend date: 2018-09-07
• Mountain Province Diamonds's trailing twelve-month (TTM) dividend yield is -%
Mountain Province Diamonds Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-09-07 | $0.03 | annually | 2018-09-25 |
Mountain Province Diamonds Dividend per year
Mountain Province Diamonds Dividend Yield
Mountain Province Diamonds current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mountain Province Diamonds stock? Use our calculator to estimate your expected dividend yield:
Mountain Province Diamonds Financial Ratios
Mountain Province Diamonds Dividend FAQ
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.
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