Ultra Lithium Inc., a mineral exploration company, focuses on the development of advanced lithium and gold projects in Argentina, Canada, and the United States. It holds two types of lithium projects and 16 gold mining and exploration licences. The company focuses on Laguna Verde I Brine lithium property and Laguna Verde II Brine lithium property located in Argentina; and 13 gold mining licenses and three gold exploration licences situated in the Chepes area, Argentina, as well as Georgia Lake Pegmatites lithium project and Forgan Lake Pegmatites lithium project located in Ontario, Canada. The company was formerly known as Ultra Resources Inc. and changed its name to Ultra Lithium Inc. in January 2022. Ultra Lithium Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.
Ultra Lithium Dividend Announcement
• Ultra Lithium announced a annually dividend of C$0.00 per ordinary share which will be made payable on 2015-08-17. Ex dividend date: 2015-07-29
• Ultra Lithium's trailing twelve-month (TTM) dividend yield is -%
Ultra Lithium Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2015-07-29 | C$0.00 | annually | 2015-08-17 |
Ultra Lithium Dividend per year
Ultra Lithium Dividend Yield
Ultra Lithium current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Ultra Lithium stock? Use our calculator to estimate your expected dividend yield:
Ultra Lithium Financial Ratios
Ultra Lithium Dividend FAQ
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.
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