Adavale Resources Limited engages in the exploration of mineral properties in Australia and Tanzania. The company holds a 100% interest in the Kabanga Jirani Nickel project covering an area of 1,267 square kilometers located in Kagera, Tanzania; and the Lake Surprise uranium project having 4 tenements covering an area of 1,078 square kilometers situated in the northern part of the Lake Frome Embayment, South Australia. Adavale Resources Limited as incorporated in 1969 and is based in West Leederville, Australia.
Adavale Resources Dividend Announcement
• Adavale Resources announced a semi annually dividend of A$0.02 per ordinary share which will be made payable on . Ex dividend date: 2020-05-14
• Adavale Resources's trailing twelve-month (TTM) dividend yield is -%
Adavale Resources Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2020-05-14 | A$0.02 | semi annually | |
| 2019-10-28 | A$0.03 | semi annually | |
| 2019-05-16 | A$0.02 | semi annually | |
| 2018-10-16 | A$0.05 | semi annually | |
| 2018-05-16 | A$0.04 | semi annually | |
| 2017-10-16 | A$0.05 | semi annually | |
| 1996-07-04 | A$0.03 | semi annually | 1996-07-19 |
| 1996-05-23 | A$0.08 | semi annually | 1996-06-14 |
Adavale Resources Dividend per year
Adavale Resources Dividend growth
Adavale Resources Dividend Yield
Adavale Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Adavale Resources stock? Use our calculator to estimate your expected dividend yield:
Adavale Resources Financial Ratios
P/E ratio-0.41
PEG ratio-0.00
P/B ratio6.61
ROE-3400.85%
Payout ratio0.00%
Current ratio4.64
Quick ratio4.64
Cash Ratio3.87
Adavale Resources Dividend FAQ
Does Adavale Resources stock pay dividends?
Adavale Resources does not currently pay dividends to its shareholders.
Has Adavale Resources ever paid a dividend?
No, Adavale Resources has no a history of paying dividends to its shareholders. Adavale Resources is not known for its dividend payments.
Why doesn't Adavale Resources pay dividends?
There are several potential reasons why Adavale Resources would choose not to pay dividends to their shareholders:
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.
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.
Will Adavale Resources ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Adavale Resources has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Adavale Resources a dividend aristocrat?
Adavale Resources is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Adavale Resources a dividend king?
Adavale Resources is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Adavale Resources a dividend stock?
No, Adavale Resources is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Adavale Resources stocks?
To buy Adavale Resources you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Adavale Resources 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.
Place an order: Use the brokerage's trading platform to place an order to buy Adavale Resources 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.