Table of Contents

company-logo

Progressive Planet Solutions Inc., together with its subsidiaries, engages in the acquisition and exploration of mineral properties in Canada. It primarily explores for natural pozzolan deposits. The company holds 100% interest in the Z1 Zeolite mine located 3 kms northeast of Cache Creek, British Columbia; and the Z3 Heffley property situated in Heffley Creek, British Columbia. It also holds interests in Z2 Zeolite property located near Falkland, British Columbia. In addition, the company is involved in converting post-consumer glass into a low carbon cement; manufacture of mineral based products derived from diatomaceous earth, zeolite, and bentonite for use in agricultural, industrial, and consumer applications; and developing solutions for sequestering CO2 and minimizing the carbon footprint. Further, it manufactures industrial minerals, which include industrial absorbents under the CanDry brand; cat litters under the WunderCat brand for retailers; and animal husbandry/agtech products that neutralizes ammonia in chicken barns and enables the birds to breathe easier under the Activated Barn Fresh brand. Progressive Planet Solutions Inc. was incorporated in 2006 and is headquartered in Kamloops, Canada.

Progressive Planet Solutions Dividend Announcement

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

Progressive Planet Solutions Dividend History

Progressive Planet Solutions Dividend Yield

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

Progressive Planet Solutions Financial Ratios

P/E ratio33.70
PEG ratio2.12
P/B ratio1.19
ROE3.66%
Payout ratio0.00%
Current ratio2.56
Quick ratio1.45
Cash Ratio0.63

Progressive Planet Solutions Dividend FAQ

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