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Wishbone Gold Plc engages in the gold production and trading activities in Australia. It explores for gold, silver, copper, lead, and other metals. The company's projects include the Red Setter and Cottesloe projects located in the Patersons Range region of Western Australia; and the White Mountain project located in Queensland. It also holds interests in the Wishbone II, IV, and VI projects located in Queensland. The company was incorporated in 2009 and is based in Gibraltar.

Wishbone Gold Dividend Announcement

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

Wishbone Gold Dividend History

Wishbone Gold Dividend Yield

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

Wishbone Gold Financial Ratios

P/E ratio-0.96
PEG ratio2.83
P/B ratio0.22
ROE-22.84%
Payout ratio0.00%
Current ratio0.70
Quick ratio0.70
Cash Ratio0.01

Wishbone Gold Dividend FAQ

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