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Codrus Minerals Limited engages in the exploration of mineral properties. It explores for gold and nickel deposits. The company holds a 100% interest in the Silver Swan South, Red Gate, and Middle Creek projects in Western Australia. It also has a 100% interest in the Bull Run project in Baker County, eastern Oregon. The company was incorporated in 2014 and is based in West Perth, Australia. Codrus Minerals Limited is a subsidiary of Blackstone Minerals Limited.

Codrus Minerals Dividend Announcement

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

Codrus Minerals Dividend History

Codrus Minerals Dividend Yield

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

Codrus Minerals Financial Ratios

P/E ratio-0.84
PEG ratio0.07
P/B ratio1.33
ROE-176.07%
Payout ratio0.00%
Current ratio7.20
Quick ratio7.20
Cash Ratio6.62

Codrus Minerals Dividend FAQ

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