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Carnavale Resources Limited operates as a mineral exploration company in Australia. It explores for tin, lithium, cobalt, silver, nickel, gold, copper, and precious metal deposits. The company holds a 100% interest in the Grey Dam nickel sulphide project in Kalgoorlie, Western Australia; and 80% interest in the Kookynie gold project comprising 2 exploration licenses and 3 prospecting licenses located in Yilgarn Craton, Western Australia. It also holds an option to acquire 80% interest in the Ora Banda South gold project that covers an area of approximately 25 square kilometers located in Yilgarn Craton, Western Australia. Further, it is involved in investing activities. Carnavale Resources Limited was incorporated in 2006 and is based in Mount Hawthorn, Australia.

Carnavale Resources Dividend Announcement

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

Carnavale Resources Dividend History

Carnavale Resources Dividend Yield

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

Carnavale Resources Financial Ratios

P/E ratio-17.65
PEG ratio-0.18
P/B ratio1.25
ROE-7.03%
Payout ratio0.00%
Current ratio4.20
Quick ratio4.59
Cash Ratio3.68

Carnavale Resources Dividend FAQ

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