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Sierra Metals Inc., together with its subsidiaries, focuses on the production, exploration, and development of precious and base metals in Peru and Mexico. It primarily focuses on exploration of silver, copper, lead, zinc, and gold deposits. The company's flagship property is the 81.84% owned polymetallic Yauricocha Mine covering an area of 18,778 hectares located in the Yauyos province in Peru. It also holds 100% interest in the Bolivar mine, comprising of 12 mining concessions covering an area 15,217 hectares; and Cusi Mines that comprises of 73 concessions covering 11,977 hectares in Mexico. The company was formerly known as Dia Bras Exploration Inc. and changed its name to Sierra Metals Inc. in December 2012. Sierra Metals Inc. was incorporated in 1996 and is headquartered in Toronto, Canada.

Sierra Metals Dividend Announcement

Sierra Metals announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2021-12-07. Ex dividend date: 2021-11-19
Sierra Metals's trailing twelve-month (TTM) dividend yield is -%

Sierra Metals Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-11-19$0.03semi annually2021-12-07
2014-04-08$0.01semi annually
2014-01-16$0.01semi annually
2013-10-17$0.01semi annually
2013-06-26$0.01semi annually

Sierra Metals Dividend per year

Sierra Metals Dividend Yield

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

Sierra Metals Financial Ratios

P/E ratio-6.92
PEG ratio0.00
P/B ratio1.51
ROE-22.37%
Payout ratio0.00%
Current ratio0.98
Quick ratio0.62
Cash Ratio0.26

Sierra Metals Dividend FAQ

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