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Victory Resources Corporation, a junior exploration stage mining company, engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It explores for lithium, gold, silver, copper, and precious metals. The company holds interest in the Smokey Clay Lithium project located in Esmeralda county, Nevada; the Mal-Wen property comprising 4 contiguous claims covering 1954.5 hectares situated in south-central British Columbia; the Las Simard property consisting of 46 contiguous mining titles with a total area of 2560 hectares in Quebec; and the Black Diablo property comprising 16 claims located in Nevada. It also holds Saguenay Nickel project consisting of 5 claims with a total area of 286.32 hectares in Quebec; and Georgia Lake Lithium project located in Ontario. The company was formerly known as Victory Empire Inc. and changed its name to Victory Resources Corporation in March 2020. Victory Resources Corporation was incorporated in 1984 and is based in Vancouver, Canada.

Victory Resources Dividend Announcement

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

Victory Resources Dividend History

Victory Resources Dividend Yield

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

Victory Resources Financial Ratios

P/E ratio-0.28
PEG ratio-0.03
P/B ratio0.17
ROE-62.26%
Payout ratio0.00%
Current ratio0.05
Quick ratio0.05
Cash Ratio0.00

Victory Resources Dividend FAQ

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