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TRU Precious Metals Corp. focuses on gold exploration activities in Central Newfoundland, Canada. Its flagship property is the Golden Rose project covering an area of 236 square kilometers located in the Central Newfoundland Gold Belt. The company was formerly known as Trius Investments Inc. and changed its name to TRU Precious Metals Corp. in October 2020. TRU Precious Metals Corp. was founded in 1996 and is headquartered in Fredericton, Canada.

TRU Precious Metals Dividend Announcement

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

TRU Precious Metals Dividend History

TRU Precious Metals Dividend Yield

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

TRU Precious Metals Financial Ratios

P/E ratio-1.87
PEG ratio-0.01
P/B ratio1.71
ROE-68.64%
Payout ratio0.00%
Current ratio5.72
Quick ratio5.72
Cash Ratio5.38

TRU Precious Metals Dividend FAQ

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