Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of various mineral projects in Australia. The company primarily explores for copper and gold deposits. Its flagship project is the Mount Cannindah project located in Queensland. The company was formerly known as Planet Metals Limited and changed its name to Cannindah Resources Limited in December 2014. Cannindah Resources Limited was incorporated in 2004 and is headquartered in Bundall, Australia.
Cannindah Resources Dividend Announcement
• Cannindah Resources announced a annually dividend of A$0.01 per ordinary share which will be made payable on 2012-08-09. Ex dividend date: 2012-07-27
• Cannindah Resources's trailing twelve-month (TTM) dividend yield is -%
Cannindah Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2012-07-27 | A$0.01 | annually | 2012-08-09 |
Cannindah Resources Dividend per year
Cannindah Resources Dividend Yield
Cannindah Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cannindah Resources stock? Use our calculator to estimate your expected dividend yield:
Cannindah Resources Financial Ratios
Cannindah Resources Dividend FAQ
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.
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