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Altamin Limited engages in the exploration and evaluation of mineral properties in Australia and Italy. It primarily explores for zinc, lead, cobalt, and silver deposits. The company holds interest in the Gorno zinc project located in the Lombardy region of northern Italy; and Punta Corna project located in Piedmont, Italy. The company was formerly known as Alta Zinc Limited and changed its name to Altamin Limited in November 2021. Altamin Limited was incorporated in 1997 and is based in South Perth, Australia.

Altamin Dividend Announcement

Altamin does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
Stay tuned for updates on Altamin dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Altamin Dividend History

Altamin Dividend Yield

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

Altamin Financial Ratios

P/E ratio-3.38
PEG ratio-0.03
P/B ratio3.93
ROE-135.79%
Payout ratio0.00%
Current ratio2.79
Quick ratio2.79
Cash Ratio1.95

Altamin Dividend FAQ

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