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Boab Metals Limited engages in the exploration of mineral tenements in Australia and Latin America. The company primarily explores for gold, copper, zinc, silver, and lead deposits. Its flagship property is the Sorby Hills project located in the Kimberley Region of Western Australia. The company was formerly known as Pacifico Minerals Limited and changed its name to Boab Metals Limited in January 2021. Boab Metals Limited was incorporated in 2003 and is headquartered in West Perth, Australia.

Boab Metals Dividend Announcement

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

Boab Metals Dividend History

Boab Metals Dividend Yield

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

Boab Metals Financial Ratios

P/E ratio-10.39
PEG ratio7.91
P/B ratio2.86
ROE-32.73%
Payout ratio0.00%
Current ratio15.83
Quick ratio15.83
Cash Ratio14.40

Boab Metals Dividend FAQ

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