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Troy Minerals Inc., a mineral exploration company, engages in the acquisition, exploration, and evaluation of resource properties. It holds an option to earn a 100% recorded and beneficial interest in the Green Gold property that consists of 12 mineral claims that cover an area of approximately 7,587 hectares in central British Columbia, in the Cariboo mining division. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.

Troy Minerals Dividend Announcement

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

Troy Minerals Dividend History

Troy Minerals Dividend Yield

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

Troy Minerals Financial Ratios

P/E ratio-4.07
PEG ratio0.55
P/B ratio2.46
ROE-64.31%
Payout ratio0.00%
Current ratio6.73
Quick ratio6.73
Cash Ratio5.99

Troy Minerals Dividend FAQ

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