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Usha Resources Ltd. operates as a mineral acquisition and exploration company. It explores for gold, nickel, copper, and cobalt deposits. The company holds 100% interests in the Jackpot Lake property that comprise 140 mineral claims covering an area of approximately 2800 acres located in Jackpot Lake, Nevada; and 85% interests in the Nicobat property situated in Ontario, Canada. It also has an option to acquire 100% interests in the Lost Basin project consisting of 133 mineral claims located in Arizona, the United States. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.

Usha Resources Dividend Announcement

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

Usha Resources Dividend History

Usha Resources Dividend Yield

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

Usha Resources Financial Ratios

P/E ratio-1.82
PEG ratio0.01
P/B ratio0.48
ROE-33.84%
Payout ratio0.00%
Current ratio4.69
Quick ratio4.69
Cash Ratio0.04

Usha Resources Dividend FAQ

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