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Sonoro Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Mexico. The company primarily explores for gold and silver deposits. Its flagship project is the Cerro Caliche Group of Concessions that covers an area of approximately 1,400 hectares located in the municipality of Cucurpe, Mexico. The company was formerly known as Sonoro Metals Corp. and changed its name to Sonoro Gold Corp. in August 2020. Sonoro Gold Corp. is headquartered in Vancouver, Canada.

Sonoro Gold Dividend Announcement

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

Sonoro Gold Dividend History

Sonoro Gold Dividend Yield

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

Sonoro Gold Financial Ratios

P/E ratio-4.76
PEG ratio-0.10
P/B ratio-15.51
ROE7459.46%
Payout ratio0.00%
Current ratio0.09
Quick ratio0.09
Cash Ratio0.08

Sonoro Gold Dividend FAQ

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