29Metals Limited is an Australian company focused on exploring, developing, and producing copper, zinc, gold, and silver deposits. With interests in properties in Western Australia, Queensland, and southern Chile, the company is committed to sustainable mining practices and responsible resource extraction. Founded in 2021 and headquartered in Melbourne, 29Metals Limited is dedicated to delivering value to shareholders while prioritizing environmental and community considerations.
29Metals Dividend Announcement
• 29Metals announced a annually dividend of A$0.02 per ordinary share which will be made payable on 2022-10-14. Ex dividend date: 2022-09-15
• 29Metals's trailing twelve-month (TTM) dividend yield is -%
29Metals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2022-09-15 | A$0.02 | annually | 2022-10-14 |
29Metals Dividend per year
29Metals Dividend Yield
29Metals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing 29Metals stock? Use our calculator to estimate your expected dividend yield:
29Metals Financial Ratios
29Metals Dividend FAQ
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.
Place an order: Use the brokerage's trading platform to place an order to buy 29Metals 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.