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Waraba Gold Limited acquires and evaluates gold properties in Mali, West Africa. Its flagship prospective gold exploration project is the Fokolore project located in West Mali. The company was formerly known as Zenith Exploration Inc. and changed its name to Waraba Gold Limited in October 2020. Waraba Gold Limited was incorporated in 2015 and is headquartered in Vancouver, Canada.

Waraba Gold Dividend Announcement

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

Waraba Gold Dividend History

Waraba Gold Dividend Yield

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

Waraba Gold Financial Ratios

P/E ratio-0.80
PEG ratio0.14
P/B ratio2.49
ROE-233.65%
Payout ratio0.00%
Current ratio0.59
Quick ratio0.59
Cash Ratio0.51

Waraba Gold Dividend FAQ

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