Sorrento Resources (XCNQ:SRS) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Sorrento Resources Dividend Payout Ratio?

Sorrento Resources's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Sorrento Resources's Dividend Payout Ratio or its related term are showing as below:

XCNQ:SRS's Dividend Payout Ratio is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.42
* Ranked among companies with meaningful Dividend Payout Ratio only.

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

Sorrento Resources's Dividends per Share for the 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.

Sorrento Resources Dividend Payout Ratio Historical Data

The historical data trend for Sorrento Resources's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sorrento Resources Dividend Payout Ratio Chart

Sorrento Resources Annual Data

Trend

Jun22

Jun23

Dividend Payout Ratio

Sorrento Resources Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Sorrento Resources's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Sorrento Resources's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sorrento Resources's Dividend Payout Ratio falls into.

Sorrento Resources Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Sorrento Resources's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0	/	-0.04
	=	N/A

Sorrento Resources's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	-0.01
	=	N/A

Sorrento Resources (XCNQ:SRS) Dividend Payout Ratio Explanation

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.

Sorrento Resources Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Sorrento Resources's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Sorrento Resources (XCNQ:SRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sorrento Resources Ltd (XCNQ:SRS) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SRSLF:USA

Address

9285 - 203B Street, Langley, BC, CAN, V1M 2L9

Website

https://www.sorrentoresources.ca

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