West Red Lake Gold Mines Ltd., acquires, explores for, and develops gold deposits in Canada. It holds interests in the West Red Lake project that comprising the NT Zone, the Mount Jamie Mine, the Rowan Mine, and Red Summit Mine properties covering an area of 3,100 hectares situated in the Red Lake Archean Greenstone Belt, Red Lake Gold District of Northwestern Ontario. The company was formerly known as DLV Resources Ltd. and changed its name to West Red Lake Gold Mines Ltd. in December 2022. West Red Lake Gold Mines Ltd. is based in British Columbia, Canada.
West Red Lake Gold Mines Dividend Announcement
• West Red Lake Gold Mines announced a annually dividend of $0.01 per ordinary share which will be made payable on . Ex dividend date: 2014-10-16
• West Red Lake Gold Mines's trailing twelve-month (TTM) dividend yield is -%
West Red Lake Gold Mines Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2014-10-16 | $0.01 | annually | |
2012-12-14 | $0.03 | annually |
West Red Lake Gold Mines Dividend per year
West Red Lake Gold Mines Dividend Yield
West Red Lake Gold Mines current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing West Red Lake Gold Mines stock? Use our calculator to estimate your expected dividend yield:
West Red Lake Gold Mines Financial Ratios
West Red Lake Gold Mines 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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