Tombill Mines Ltd. engages in the exploration and production of mineral properties in Canada. The company primarily explores for gold properties. It had 74 claims, including 60 owned and patented, 5 leased, and 9 mineral rights. The company was founded in 1935 and is headquartered in Vancouver, Canada.
Tombill Mines Dividend Announcement
• Tombill Mines does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Tombill Mines dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Tombill Mines Dividend History
Tombill Mines Dividend Yield
Tombill Mines current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tombill Mines stock? Use our calculator to estimate your expected dividend yield:
Tombill Mines Financial Ratios
P/E ratio-10.25
PEG ratio-0.12
P/B ratio14.21
ROE-120.05%
Payout ratio0.00%
Current ratio2.29
Quick ratio2.29
Cash Ratio2.07
Tombill Mines Dividend FAQ
Does Tombill Mines stock pay dividends?
Tombill Mines does not currently pay dividends to its shareholders.
Has Tombill Mines ever paid a dividend?
No, Tombill Mines has no a history of paying dividends to its shareholders. Tombill Mines is not known for its dividend payments.
Why doesn't Tombill Mines pay dividends?
There are several potential reasons why Tombill 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.
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 Tombill 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 Tombill 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 Tombill Mines a dividend aristocrat?
Tombill 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 Tombill Mines a dividend king?
Tombill 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 Tombill Mines a dividend stock?
No, Tombill 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 Tombill Mines stocks?
To buy Tombill 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 Tombill 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.
Place an order: Use the brokerage's trading platform to place an order to buy Tombill 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.