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SouthGobi Resources Ltd., together with its subsidiaries, operates as an integrated coal mining, development, and exploration company in Mongolia, Hong Kong, and China. It primarily explores for coking and thermal coal. The company's flagship project is the Ovoot Tolgoi open pit coal mine located in the Umnugobi Aimag of Mongolia. It also holds interest in Zag Suuj and Soumber Projects. In addition, the company engages in the logistics and trading of coal in Mongolia and China. The company was formerly known as SouthGobi Energy Resources Ltd. and changed its name to SouthGobi Resources Ltd. in May 2010. SouthGobi Resources Ltd. was incorporated in 2002 and is based in Mong kok, Hong Kong.

SouthGobi Resources Dividend Announcement

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

SouthGobi Resources Dividend History

SouthGobi Resources Dividend Yield

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

SouthGobi Resources Financial Ratios

P/E ratio3.09
PEG ratio-1.20
P/B ratio-1.15
ROE-34.47%
Payout ratio0.00%
Current ratio0.28
Quick ratio0.08
Cash Ratio0.04

SouthGobi Resources Dividend FAQ

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