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Austral Gold Limited, together with its subsidiaries, engages in the exploration and development of gold and silver deposits. The company holds 100% interest in the Guanaco/Amancaya gold and silver mine located to the southeast of Antofagasta in Northern Chile. It also holds 100% interests in the Pingüino project situated in Santa Cruz; and the Casposo mine located in San Juan, Argentina. In addition, the company holds a 26.46% interest in the Rawhide mine located in Nevada, the United States; a portfolio of exploration projects situated in the Paleocene Belt, Chile; and interest in the Mercur project located in Utah, the United States. The company was formerly known as Diamond Rose NL and changed its name to Austral Gold Limited in November 2006. Austral Gold Limited was incorporated in 1996 and is based in Sydney, Australia. Austral Gold Limited is a subsidiary of IFISA.

Austral Gold Dividend Announcement

• Austral Gold announced a annually dividend of A$0.01 per ordinary share which will be made payable on 2021-03-19. Ex dividend date: 2021-03-08
• Austral Gold's trailing twelve-month (TTM) dividend yield is -%

Austral Gold Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-03-08A$0.01annually2021-03-19
2020-07-09A$0.01annually2020-07-24
2017-01-17A$0.01annually2017-02-01

Austral Gold Dividend per year

Austral Gold Dividend Yield

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

Austral Gold Financial Ratios

P/E ratio-0.42
PEG ratio-0.01
P/B ratio0.42
ROE-71.55%
Payout ratio0.00%
Current ratio0.40
Quick ratio0.19
Cash Ratio0.03

Austral Gold Dividend FAQ

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