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Stinger Resources Inc. is engaged in the exploration and development of mineral properties in Canada. The company holds 100% interests in the Dunwell Mine property located near Stewart, British Columbia; and the Gold Hill property located near Fort Steele, British Columbia. It also holds interests in the Ample Goldmax property located near Lillooet, British Columbia; the Silverside property located near Clearwater, British Columbia; the Glitter King property located in Pitt Island, British Columbia; and holds 100% in the D-1 McBride property located near Dease Lake, British Columbia. The company was incorporated in 2020 and is headquartered in Cardston, Canada.

Stinger Resources Dividend Announcement

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

Stinger Resources Dividend History

Stinger Resources Dividend Yield

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

Stinger Resources Financial Ratios

P/E ratio-2.74
PEG ratio0.23
P/B ratio0.43
ROE-14.95%
Payout ratio0.00%
Current ratio26.07
Quick ratio26.07
Cash Ratio0.97

Stinger Resources Dividend FAQ

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