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Spey Resources Corp. engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for silver and lithium deposits. It holds an option to acquire a 100% undivided interest in the Silver Basin project located in the Revelstoke Mining Division of British Columbia; and the Kaslo Silver property situated in southern British Columbia. The company also owns an option to acquire a 100% interest in the Candella II project located in Salar de Incahuasi, Argentina; and Pocitos I and II situated in Salta, Argentina. Spey Resources Corp. was incorporated in 2017 and is based in Vancouver, Canada.

Spey Resources Dividend Announcement

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

Spey Resources Dividend History

Spey Resources Dividend Yield

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

Spey Resources Financial Ratios

P/E ratio-8.21
PEG ratio0.19
P/B ratio8.28
ROE-93.48%
Payout ratio0.00%
Current ratio0.04
Quick ratio0.04
Cash Ratio0.02

Spey Resources Dividend FAQ

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