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C29 Metals Limited, a mining exploration company, focuses to identify, explore for, and develop copper, gold, and base metal assets in Australia. The company holds 100% interest in the Mayfield project comprising of one exploration licenses covering an area approximately 91 square kilometers located in Queensland. In addition, it owns interests in the Sampson Tank project that includes one granted exploration license covering approximately 93 square kilometers of ground located in New South Wales; and the Reedy Creek project comprising one granted exploration license totaling 40 square kilometers of ground located in New South Wales. The company also holds interests in the Torrens project consisting of two applications for exploration licenses covering approximately 1,700 square kilometers of ground located in South Australia; and the Stadlers project, which comprise one granted exploration license covering approximately 63.2 square kilometers of ground located in Western Australia. C29 Metals Limited was incorporated in 2020 and is based in Subiaco, Australia.

C29 Metals Dividend Announcement

• C29 Metals does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on C29 Metals dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

C29 Metals Dividend History

C29 Metals Dividend Yield

C29 Metals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing C29 Metals stock? Use our calculator to estimate your expected dividend yield:

C29 Metals Financial Ratios

P/E ratio-2.92
PEG ratio0.07
P/B ratio1.34
ROE-63.13%
Payout ratio0.00%
Current ratio10.10
Quick ratio10.10
Cash Ratio9.51

C29 Metals Dividend FAQ

Does C29 Metals stock pay dividends?
C29 Metals does not currently pay dividends to its shareholders.
Has C29 Metals ever paid a dividend?
No, C29 Metals has no a history of paying dividends to its shareholders. C29 Metals is not known for its dividend payments.
Why doesn't C29 Metals pay dividends?
There are several potential reasons why C29 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 C29 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 C29 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 C29 Metals a dividend aristocrat?
C29 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 C29 Metals a dividend king?
C29 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 C29 Metals a dividend stock?
No, C29 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 C29 Metals stocks?
To buy C29 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 C29 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.