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Riversgold Limited explores for and develops mineral resource properties in Australia. The company holds interests in the Kurnalpi project that comprises 10 exploration licenses and 1 application located in the Eastern Goldfields of Western Australia; and the Churchill Dam iron-oxide copper-gold project located in the Gawler Craton, South Australia. It also has interests in the Pilbara Lithium Projects that include Tambourah Project, which covers an area of 108 square kilometers located south of Port Hedland; the Wodgina East Project; and the Upper Five Mile Creek Project located south-east of Nullagine. The company was formerly known as Alcam Gold Pty Ltd and changed its name to Riversgold Limited in June 2017. Riversgold Limited was incorporated in 2017 and is headquartered in Subiaco, Australia.

Riversgold Dividend Announcement

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

Riversgold Dividend History

Riversgold Dividend Yield

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

Riversgold Financial Ratios

P/E ratio-0.44
PEG ratio0.00
P/B ratio0.40
ROE-93.94%
Payout ratio0.00%
Current ratio3.75
Quick ratio3.75
Cash Ratio3.40

Riversgold Dividend FAQ

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