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Alto Metals Limited primarily explores for gold properties. It holds a 100% interest in Sandstone gold project covering an area of approximately 900 square kilometers located in the East Murchison Mineral field in Western Australia. The company was formerly known as Enterprise Uranium Limited and changed its name to Alto Metals Limited in May 2016. Alto Metals Limited was incorporated in 2012 and is based in West Perth, Australia.

Alto Metals Dividend Announcement

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

Alto Metals Dividend History

Alto Metals Dividend Yield

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

Alto Metals Financial Ratios

P/E ratio-35.38
PEG ratio-0.70
P/B ratio2.08
ROE-5.82%
Payout ratio0.00%
Current ratio2.15
Quick ratio2.15
Cash Ratio2.05

Alto Metals Dividend FAQ

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