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Unigold Inc., a junior natural resource company, focuses on exploring and developing gold projects in Canada and the Dominican Republic. The company also explores for copper, silver, and zinc deposits. It holds an 100% interest in the Neita property covering an area of 21,031 hectares in the Dominican Republic. The company was formerly known as Caribgold Resources Inc. and changed its name to Unigold Inc. in December 2002. Unigold Inc. was incorporated in 1990 and is headquartered in Toronto, Canada.

Unigold Dividend Announcement

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

Unigold Dividend History

Unigold Dividend Yield

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

Unigold Financial Ratios

P/E ratio-6.24
PEG ratio-0.06
P/B ratio20.53
ROE-295.00%
Payout ratio0.00%
Current ratio2.31
Quick ratio2.31
Cash Ratio2.03

Unigold Dividend FAQ

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