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New Found Gold (TSXV:NFG) Forward Dividend Yield % : 0.00% (As of May. 22, 2024)


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What is New Found Gold Forward Dividend Yield %?

As of today (2024-05-22), the Forward Annual Dividend Yield of New Found Gold is 0.00%.

As of today (2024-05-22), the Trailing Annual Dividend Yield of New Found Gold is 0.00%.

TSXV:NFG'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.

New Found Gold's Dividends per Share for the three months ended in Mar. 2024 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 New Found Gold's Forward Dividend Yield %

For the Gold subindustry, New Found Gold'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.


New Found Gold's Forward Dividend Yield % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where New Found Gold's Forward Dividend Yield % falls into.



New Found Gold Forward Dividend Yield % Calculation

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


New Found Gold  (TSXV:NFG) 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.


New Found Gold Forward Dividend Yield % Related Terms

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New Found Gold (TSXV:NFG) Business Description

Traded in Other Exchanges
Address
1600 - 595 Burrard Street, Vancouver, BC, CAN, V6C 2V6
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Company's exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
Executives
2176423 Ontario Ltd. 10% Security Holder
Eric Sprott 10% Security Holder