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Astral Resources NL engages in the exploration of gold and base metal projects in Western Australia. The company's principal property is the 100% owned Mandilla gold project located in the northern Widgiemooltha greenstone belt in the western part of the Kalgoorlie geological domain. It also holds 100% interest in Feysville gold project located in the Archean Kambalda Domain; Carnilya Hill gold project located approximately 40 kilometers south-east of Kalgoorlie; Koongie Park gold and base metals projects, which is located to the north-eastern Western Australia; and Leonora base metal project located in the Western Australia. The company also explores for copper, zinc, and silver deposits. The company was formerly known as Anglo Australian Resources NL and changed its name to Astral Resources NL in April 2022. The company was incorporated in 1985 and is based in South Perth, Australia.

Astral Resources NL Dividend Announcement

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

Astral Resources NL Dividend History

Astral Resources NL Dividend Yield

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

Astral Resources NL Financial Ratios

P/E ratio-51628.29
PEG ratio-836.96
P/B ratio3.87
ROE-0.01%
Payout ratio0.00%
Current ratio6.93
Quick ratio6.93
Cash Ratio6.66

Astral Resources NL Dividend FAQ

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