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Pegasus Resources Inc., a diversified junior mining company, engages in the acquisition, exploration, and development of mineral properties in North America. The company primarily focuses on the optioned properties in Confederation Lake project, which include the Garnet Lake/Arrow Zone property; Fredart and Copperlode property; Dixie property; Joy North property; North Pakwash Lake; and Mitchell, Gerry Lake and Karas Lake properties located in Ontario. It also holds interests in the Golden gold/silver and copper project located along the British Columbia, and Energy Sands project located in Emery County, Utah; and option agreements to acquire 100% interests in the Millionara gold property, Pine Channel Property, Chord Property, Lucky 7 Property, AurCrest Property, James Bay property, and Icefield gold property. Further, it focuses on blockchain applications for mining and resource company management. The company was formerly known as Pistol Bay Mining Inc. and changed its name to Pegasus Resources Inc. December 2020. Pegasus Resources Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.

Pegasus Resources Dividend Announcement

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

Pegasus Resources Dividend History

Pegasus Resources Dividend Yield

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

Pegasus Resources Financial Ratios

P/E ratio-2.00
PEG ratio-0.00
P/B ratio1.66
ROE-113.82%
Payout ratio0.00%
Current ratio0.92
Quick ratio0.92
Cash Ratio0.87

Pegasus Resources Dividend FAQ

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