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Almonty Industries Inc. engages in mining, processing, and shipping tungsten concentrate. It owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; the Sangdong tungsten mine located in Gangwon Province, Republic of Korea; and the Valtreixal tin and tungsten project located in Zamora province, Western Spain. Almonty Industries Inc. is headquartered in Toronto, Canada.

Almonty Industries Dividend Announcement

Almonty Industries announced a annually dividend of $0.03 per ordinary share which will be made payable on 2014-09-04. Ex dividend date: 2014-08-25
Almonty Industries's trailing twelve-month (TTM) dividend yield is -%

Almonty Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-08-25$0.03annually2014-09-04

Almonty Industries Dividend per year

Almonty Industries Dividend Yield

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

Almonty Industries Financial Ratios

P/E ratio-56.22
PEG ratio-0.37
P/B ratio5.65
ROE-9.52%
Payout ratio0.00%
Current ratio0.29
Quick ratio0.20
Cash Ratio0.14

Almonty Industries Dividend FAQ

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