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Westward Gold Inc. operates as a mineral exploration company. The company engages in the exploration and development of mineral resource properties in the United States. It focuses on the exploration of the Toiyabe Property, the Turquoise Canyon Property, and the East Saddle Property in Lander County, Nevada. The company was formerly known as IM Exploration Inc. and changed its name to Westward Gold Inc. in October 2021. Westward Gold Inc. was incorporated in 2017 and is headquartered in Vancouver, Canada.

Westward Gold Dividend Announcement

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

Westward Gold Dividend History

Westward Gold Dividend Yield

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

Westward Gold Financial Ratios

P/E ratio-6.39
PEG ratio-0.27
P/B ratio1.02
ROE-17.52%
Payout ratio0.00%
Current ratio6.72
Quick ratio6.72
Cash Ratio5.87

Westward Gold Dividend FAQ

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