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Advance ZincTek Limited, together with its subsidiaries, manufactures aluminum oxide powder, and zinc oxide dispersions and powder for use in the personal care sector in Australia, the United States, Canada, Europe, and internationally. It produces and distributes dispersion of mineral-only UV filters in cosmetic emollients that are used for sunscreen, skincare, and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. The company operates through a network of distributors. The company was formerly known as Advance NanoTek Limited and changed its name to Advance ZincTek Limited in November 2021. Advance ZincTek Limited was incorporated in 1997 and is based in Rocklea, Australia.

Advance ZincTek Dividend Announcement

• Advance ZincTek announced a annually dividend of A$0.06 per ordinary share which will be made payable on 2023-03-22. Ex dividend date: 2023-03-02
• Advance ZincTek's trailing twelve-month (TTM) dividend yield is -%

Advance ZincTek Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-03-02A$0.06annually2023-03-22

Advance ZincTek Dividend per year

Advance ZincTek Dividend Yield

Advance ZincTek current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Advance ZincTek stock? Use our calculator to estimate your expected dividend yield:

Advance ZincTek Financial Ratios

P/E ratio-53.19
PEG ratio-0.53
P/B ratio1.40
ROE-2.57%
Payout ratio0.00%
Current ratio7.80
Quick ratio1.47
Cash Ratio0.08

Advance ZincTek Dividend FAQ

Does Advance ZincTek stock pay dividends?
Advance ZincTek does not currently pay dividends to its shareholders.
Has Advance ZincTek ever paid a dividend?
No, Advance ZincTek has no a history of paying dividends to its shareholders. Advance ZincTek is not known for its dividend payments.
Why doesn't Advance ZincTek pay dividends?
There are several potential reasons why Advance ZincTek 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.
Will Advance ZincTek 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 Advance ZincTek 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 Advance ZincTek a dividend aristocrat?
Advance ZincTek 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 Advance ZincTek a dividend king?
Advance ZincTek 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 Advance ZincTek a dividend stock?
No, Advance ZincTek 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 Advance ZincTek stocks?
To buy Advance ZincTek 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 Advance ZincTek 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.