De Grey Mining Limited engages in the exploration of mineral properties in Australia. It primarily holds a 100% interest in the Mallina Gold project covering an area of approximately 1,500 square kilometers located in the Pilbara region of Western Australia. The company was incorporated in 2000 and is based in West Perth, Australia.
De Grey Mining Dividend Announcement
• De Grey Mining does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on De Grey Mining dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
De Grey Mining Dividend History
De Grey Mining Dividend Yield
De Grey Mining current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing De Grey Mining stock? Use our calculator to estimate your expected dividend yield:
De Grey Mining Financial Ratios
P/E ratio-181.40
PEG ratio63.54
P/B ratio2.95
ROE-2.10%
Payout ratio0.00%
Current ratio30.52
Quick ratio30.51
Cash Ratio23.79
De Grey Mining Dividend FAQ
Does De Grey Mining stock pay dividends?
De Grey Mining does not currently pay dividends to its shareholders.
Has De Grey Mining ever paid a dividend?
No, De Grey Mining has no a history of paying dividends to its shareholders. De Grey Mining is not known for its dividend payments.
Why doesn't De Grey Mining pay dividends?
There are several potential reasons why De Grey Mining 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 De Grey Mining 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 De Grey Mining 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 De Grey Mining a dividend aristocrat?
De Grey Mining 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 De Grey Mining a dividend king?
De Grey Mining 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 De Grey Mining a dividend stock?
No, De Grey Mining 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 De Grey Mining stocks?
To buy De Grey Mining 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 De Grey Mining 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 De Grey Mining 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.