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Windfall Geotek Inc. develops platforms for the mining sector. The company offers computer aided resource detection system, a platform to analyze digital data sets of georeferenced historical exploration data, including geological, geochemical, geophysical, structural, and digital elevation data; and data mining services. It also acquires, explores for, and develops mineral resource properties in Québec. The company has an option agreement to hold 90% undivided interest in the Chapais project that comprises 36 claims located in Quebec; and 95% undivided interest in the Corallen Lake property that comprises 348 claims. It also owns 5,240 claims in the province of Ontario; 1,078 claims in the province of Quebec; and 11 claims in the province of New Brunswick. The company was formerly known as Albert Mining Inc. and changed its name to Windfall Geotek Inc. in October 2019. Windfall Geotek Inc. was incorporated in 1996 and is headquartered in Brossard, Canada.

Windfall Geotek Dividend Announcement

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

Windfall Geotek Dividend History

Windfall Geotek Dividend Yield

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

Windfall Geotek Financial Ratios

P/E ratio-1.29
PEG ratio0.08
P/B ratio1.90
ROE-87.58%
Payout ratio0.00%
Current ratio10.66
Quick ratio10.66
Cash Ratio2.79

Windfall Geotek Dividend FAQ

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