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Scandium Canada Ltd. operates as a mineral exploration company in Canada. The company primarily explores for gold, scandium, and base metal deposits. It also holds 100% interests in the Crater Lake project comprising 96 contiguous claims covering an area of 47 square kilometers located to the northeast of Schefferville, Quebec; and the Opawica project, which includes 42 contiguous claims covering an area of 23.45 square kilometers situated the Gand and Lesperance townships. In addition, the company holds interests in the La Ronciere project, which consists of 45 mining claims covering an area of 25.1 square kilometers in Gand and La Roncière townships. The company was formerly known as Imperial Mining Group Ltd. and chnaged its name to Scandium Canada Ltd. in February 2024. Scandium Canada Ltd. was incorporated in 2017 and is based in Montreal, Canada.

Scandium Canada Dividend Announcement

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

Scandium Canada Dividend History

Scandium Canada Dividend Yield

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

Scandium Canada Financial Ratios

P/E ratio-3.83
PEG ratio0.04
P/B ratio0.37
ROE-11.89%
Payout ratio0.00%
Current ratio1.55
Quick ratio1.70
Cash Ratio1.01

Scandium Canada Dividend FAQ

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