Cazaly Resources Limited operates as a diversified mineral exploration and resource development company in Australia. The company primarily explores for nickel, graphite, gold, copper, iron ore, and cobalt deposits. It holds interests in the Halls Creek Copper, Ashburton, Vanrock polymetallic, Yabby, Kaoko Kobalt, McKenzie Springs, and Mount Venn projects. The company was incorporated in 2002 and is based in West Perth, Australia.
Cazaly Resources Dividend Announcement
• Cazaly Resources announced a annually dividend of A$0.02 per ordinary share which will be made payable on 2019-12-03. Ex dividend date: 2019-11-22
• Cazaly Resources's trailing twelve-month (TTM) dividend yield is -%
Cazaly Resources Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-11-22 | A$0.02 | annually | 2019-12-03 |
Cazaly Resources Dividend per year
Cazaly Resources Dividend Yield
Cazaly Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cazaly Resources stock? Use our calculator to estimate your expected dividend yield:
Cazaly Resources Financial Ratios
P/E ratio-7.71
PEG ratio-0.53
P/B ratio0.44
ROE-5.47%
Payout ratio0.00%
Current ratio18.24
Quick ratio18.22
Cash Ratio18.09
Cazaly Resources Dividend FAQ
Does Cazaly Resources stock pay dividends?
Cazaly Resources does not currently pay dividends to its shareholders.
Has Cazaly Resources ever paid a dividend?
No, Cazaly Resources has no a history of paying dividends to its shareholders. Cazaly Resources is not known for its dividend payments.
Why doesn't Cazaly Resources pay dividends?
There are several potential reasons why Cazaly 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.
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 Cazaly 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 Cazaly 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 Cazaly Resources a dividend aristocrat?
Cazaly 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 Cazaly Resources a dividend king?
Cazaly 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 Cazaly Resources a dividend stock?
No, Cazaly 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 Cazaly Resources stocks?
To buy Cazaly 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 Cazaly 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.
Place an order: Use the brokerage's trading platform to place an order to buy Cazaly 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.