Western Gold Resources Limited engages in the exploration and extraction of mineral resources. It holds interest in the Wiluna West Gold Project that includes 7 granted mining leases covering an area of 85.8 square kilometers located in Wiluna, Western Australia. The company was incorporated in 2009 and is based in West Perth, Australia.
Western Gold Resources Dividend Announcement
• Western Gold Resources does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Western Gold Resources dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Western Gold Resources Dividend History
Western Gold Resources Dividend Yield
Western Gold Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Western Gold Resources stock? Use our calculator to estimate your expected dividend yield:
Western Gold Resources Financial Ratios
P/E ratio-1.55
PEG ratio-0.00
P/B ratio3.62
ROE-166.69%
Payout ratio0.00%
Current ratio1.18
Quick ratio1.18
Cash Ratio1.02
Western Gold Resources Dividend FAQ
Does Western Gold Resources stock pay dividends?
Western Gold Resources does not currently pay dividends to its shareholders.
Has Western Gold Resources ever paid a dividend?
No, Western Gold Resources has no a history of paying dividends to its shareholders. Western Gold Resources is not known for its dividend payments.
Why doesn't Western Gold Resources pay dividends?
There are several potential reasons why Western Gold 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.
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 Western Gold 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 Western Gold 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 Western Gold Resources a dividend aristocrat?
Western Gold 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 Western Gold Resources a dividend king?
Western Gold 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 Western Gold Resources a dividend stock?
No, Western Gold 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 Western Gold Resources stocks?
To buy Western Gold 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 Western Gold 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.
Place an order: Use the brokerage's trading platform to place an order to buy Western Gold 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.