Table of Contents

company-logo

Rugby Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Colombia, Argentina, Chile, Australia, and the Philippines. It primarily explores for gold, silver, and copper deposits. The company holds an interest in the Motherlode gold-copper project that covers an area of 878 hectares located to the south of Surigao City in Surigao del Norte province, the Philippines; 100% interest the Colombia gold project covering an area of approximately 287 square kilometers; 100% interest in the Cobrasco copper project that covers approximately 3,000 hectares located in the Choco Region of Colombia; and Georgetown project comprising three exploration permits totaling 849 square kilometers located in North Queensland, Australia. It also holds an option to earn up to 100% interest in the El Zanjon gold and silver project covering approximately 600 square kilometers located in Santa Cruz Province, Argentina, as well as has an option agreement to acquire the Tantalus gold silver project situated in the Bucaramanga gold belt, Colombia; and Salvadora Silver-Copper-Gold Project comprising 35 individual exploration and mining concessions covering an aggregate area of 6,924 hectares. The company was formerly known as Rugby Mining Limited and changed its name to Rugby Resources Ltd. in August 2022. Rugby Resources Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Rugby Resources Dividend Announcement

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

Rugby Resources Dividend History

Rugby Resources Dividend Yield

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

Rugby Resources Financial Ratios

P/E ratio-3.87
PEG ratio-0.03
P/B ratio38.55
ROE-593.98%
Payout ratio0.00%
Current ratio1.43
Quick ratio1.43
Cash Ratio1.28

Rugby Resources Dividend FAQ

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