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Robex Resources Inc., a junior operation and exploration mining company, engages in the exploration, development, and production of gold deposits. The company operates the Nampala mining permit located in southern Mali. It also holds four exploration permits, including Mininko and Kamasso exploration permits located in southern Mali; and Sanoula exploration permits situated in west Mali. Robex Resources Inc. was founded in 1985 and is headquartered in Québec, Canada.

Robex Resources Dividend Announcement

• Robex Resources announced a semi annually dividend of C$0.04 per ordinary share which will be made payable on 2020-09-25. Ex dividend date: 2020-09-15
• Robex Resources's trailing twelve-month (TTM) dividend yield is -%
• Robex Resources's payout ratio for the trailing twelve months (TTM) is -0.60%

Robex Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-09-15C$0.04semi annually2020-09-25
2020-03-31C$0.00semi annually2020-04-07

Robex Resources Dividend per year

Robex Resources Dividend Yield

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

Robex Resources Financial Ratios

P/E ratio-9.31
PEG ratio-0.12
P/B ratio1.31
ROE-17.19%
Payout ratio-0.60%
Current ratio0.88
Quick ratio0.72
Cash Ratio0.58

Robex Resources Dividend FAQ

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