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Coda Minerals Limited, an exploration company, focuses on the exploration, discovery, and development of minerals in the base metals, precious metals, and battery minerals sector. The company holds 100% interest in the Elizabeth Creek copper project covering an area of 701 square kilometers located in South Australia; and Cameron River Copper Gold project covering an area of 35 square kilometers located in Queensland. Coda Minerals Limited was incorporated in 2018 and is based in West Perth, Australia.

Coda Minerals Dividend Announcement

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

Coda Minerals Dividend History

Coda Minerals Dividend Yield

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

Coda Minerals Financial Ratios

P/E ratio-2707.86
PEG ratio-27.08
P/B ratio0.57
ROE-0.02%
Payout ratio0.00%
Current ratio5.70
Quick ratio5.47
Cash Ratio5.38

Coda Minerals Dividend FAQ

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