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Phenom Resources Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada and the United States. It holds an option to earn a 100% interest in the Carlin gold-vanadium project and Section 22 property located in Elko County, Nevada. It also owns interests in the West Jerome copper property located in Arizona. The company was formerly known as First Vanadium Corp. and changed its name to Phenom Resources Corp. in July 2021. Phenom Resources Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Phenom Resources Dividend Announcement

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

Phenom Resources Dividend History

Phenom Resources Dividend Yield

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

Phenom Resources Financial Ratios

P/E ratio-32.93
PEG ratio1.13
P/B ratio1.88
ROE-5.98%
Payout ratio0.00%
Current ratio3.28
Quick ratio3.28
Cash Ratio3.16

Phenom Resources Dividend FAQ

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