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Askari Metals Limited engages in the acquisition, exploration, and development of lithium, copper, gold, and copper-gold projects in Western Australia, Northern Territory, and New South Wales. The company holds a 100% interest in the Yarrie lithium project located in the Pilbara region of Western Australia; the Horry copper project located to the south-west of Halls Creek; the Burracoppin gold project located in the eastern wheatbelt of Western Australia; the Mt Maguire Gold and Base Metal project located in Western Australia; and the Springdale copper-gold project located in the central east Lachlan Fold Mineral Belt, Sydney. It also holds interest in the Barrow Creek lithium project covering an area of 278 square kilometers located in the Northern Arunta Pegmatite Province of Central Northern Territory; and the Callawa copper project located in Western Australia. The company was formerly known as Askari Gold Limited and changed its name to Askari Metals Limited in February 2021. Askari Metals Limited was incorporated in 2020 and is based in Perth, Australia.

Askari Metals Dividend Announcement

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

Askari Metals Dividend History

Askari Metals Dividend Yield

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

Askari Metals Financial Ratios

P/E ratio-0.22
PEG ratio-0.00
P/B ratio0.12
ROE-54.41%
Payout ratio0.00%
Current ratio0.19
Quick ratio0.19
Cash Ratio0.10

Askari Metals Dividend FAQ

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