Cygnus Gold Payout ratio
What is the Payout ratio of Cygnus Gold?
The Payout ratio of Cygnus Gold Limited is N/A
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
What does Cygnus Gold do?
Cygnus Gold Limited engages in the discovery and exploration of gold and base metals deposits in the Southwest Yilgarn of Western Australia. It also explores for lead, zinc, copper, and nickel deposits. The company's flagship project is the Stanley project covering an area of approximately 160 square kilometers located approximately 60km northeast of the Wheatbelt town of Katanning, Western Australia. It also holds interests in projects located in the northeast of Perth; east-northeast of Merredin; and Central Yilgarn of Western Australia. The company was formerly known as Craton Gold Pty Ltd and changed its name to Cygnus Gold Limited in November 2016. Cygnus Gold Limited was incorporated in 2015 and is headquartered in West Perth, Australia.