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AIC Mines Limited explores for and develops gold and copper deposits in Australia. It holds a 100% interest in the Marymia project comprising an area of approximately 3,600 square kilometers located in the Eastern Gascoyne region of Western Australia; the Eloise copper mine located in North Queensland; and 65% interest in the Lamil project that covers an area of 1,200 square kilometers located in the Paterson Province of Western Australia. The company has also applied for two large exploration licenses located in the Delamerian Orogen in western New South Wales. AIC Mines Limited was incorporated in 1993 and is based in Subiaco, Australia.

AIC Mines Dividend Announcement

• AIC Mines announced a annually dividend of $0.53 per ordinary share which will be made payable on 2019-02-18. Ex dividend date: 2019-02-08
• AIC Mines's trailing twelve-month (TTM) dividend yield is -%

AIC Mines Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-02-08$0.53annually2019-02-18
2016-08-17$0.05annually
2014-06-03$0.26annually

AIC Mines Dividend per year

AIC Mines Dividend Yield

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

AIC Mines Financial Ratios

P/E ratio19.89
PEG ratio4.12
P/B ratio0.74
ROE4.75%
Payout ratio0.00%
Current ratio4.23
Quick ratio3.83
Cash Ratio3.17

AIC Mines Dividend FAQ

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