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Sorrento Resources (XCNQ:SRS) Forward Dividend Yield % : 0.00% (As of May. 21, 2024)


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What is Sorrento Resources Forward Dividend Yield %?

As of today (2024-05-21), the Forward Annual Dividend Yield of Sorrento Resources is 0.00%.

As of today (2024-05-21), the Trailing Annual Dividend Yield of Sorrento Resources is 0.00%.

XCNQ:SRS's Forward Dividend Yield % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.26
* Ranked among companies with meaningful Forward Dividend Yield % only.

Sorrento Resources's Dividends per Share for the three months ended in Dec. 2023 was C$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Sorrento Resources's Forward Dividend Yield %

For the Other Industrial Metals & Mining subindustry, Sorrento Resources's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sorrento Resources's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sorrento Resources's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sorrento Resources's Forward Dividend Yield % falls into.



Sorrento Resources Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Sorrento Resources  (XCNQ:SRS) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sorrento Resources Forward Dividend Yield % Related Terms

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Sorrento Resources (XCNQ:SRS) Business Description

Traded in Other Exchanges
Address
9285 - 203B Street, Langley, BC, CAN, V1M 2L9
Sorrento Resources Ltd engages in the exploration, development, and exploitation of mineral resources in Canada. Its projects include Wing Pond project, Harmsworth project, PEG lithium project, Silver Mountain project and others.
Executives
Blair Lawrence Naughty 10% Security Holder

Sorrento Resources (XCNQ:SRS) Headlines