company-logo

Aruma Resources Limited operates as a mineral exploration company in Australia. The company explores for gold and lithium deposits. The company holds 100% interests in the Mt Deans lithium project covering an area of 1.44 square kilometers located in Norseman, Western Australia; and Salmon Gums project, which include two exploration licenses totaling an area of approximately 222 square kilometers located to the south of the mining town of Norseman, Western Australia. It also owns 100% interests in the Melrose project covers an area of 381 square kilometers located in the Pilbara region, Western Australia; Saltwater gold project consisting of four granted exploration licenses covering an area of 398 square kilometers located in Pilbara, Western Australia. In addition, the company holds interest in the Carter Well gold project totaling an area of 294 square kilometers located in the Murchison region in Western Australia. Aruma Resources Limited was incorporated in 2010 and is headquartered in West Perth, Australia.

Aruma Resources Dividend Announcement

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

Aruma Resources Dividend History

Aruma Resources Dividend Yield

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

Aruma Resources Financial Ratios

P/E ratio-3.13
PEG ratio-0.03
P/B ratio1.57
ROE-41.44%
Payout ratio0.00%
Current ratio14.96
Quick ratio14.86
Cash Ratio13.62

Aruma Resources Dividend FAQ

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