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Starcore International Mines Ltd., a mineral resource company, engages in exploring, extracting, and processing mineral resources in Mexico. The company, through its subsidiary, Compañia Minera Peña de Bernal, S.A. de C.V., explores for gold and silver deposits. Its principal property is the San Martin mine consists of 8 mining claims that covers an area of 12,991.78 hectares located in Queretaro, Mexico. The company was formerly known as Starcore International Ventures Ltd. and changed its name to Starcore International Mines Ltd. in February 2008. Starcore International Mines Ltd. was incorporated in 1980 and is headquartered in Vancouver, Canada.

Starcore International Mines Dividend Announcement

Starcore International Mines announced a annually dividend of $0.02 per ordinary share which will be made payable on 2014-09-30. Ex dividend date: 2014-08-27
Starcore International Mines's trailing twelve-month (TTM) dividend yield is -%

Starcore International Mines Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-08-27$0.02annually2014-09-30

Starcore International Mines Dividend per year

Starcore International Mines Dividend Yield

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

Starcore International Mines Financial Ratios

P/E ratio6.47
PEG ratio0.50
P/B ratio0.26
ROE4.43%
Payout ratio0.00%
Current ratio2.36
Quick ratio2.01
Cash Ratio1.27

Starcore International Mines Dividend FAQ

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