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Delta Lithium Limited explores for and develops lithium properties in Western Australia. Its flagship project is the Mt Ida lithium project that comprises of 30 tenements located to the north-west of Menzies in Western Australia. The company also holds interest in the Yinnetharra lithium project that comprises of 4 granted tenements and 3 pending tenements covering an area of 575 square kilometers located in the northeast of Gascoyne junction; the Eureka gold project located to the north of Kalgoorlie; and the Earaheedy basin project covering an area of 270 square kilometers located east of Wiluna in Western Australia. The company was formerly known as Red Dirt Metals Limited and changed its name to Delta Lithium Limited in April 2023. Delta Lithium Limited was incorporated in 2003 and is based in Subiaco, Australia.

Delta Lithium Dividend Announcement

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

Delta Lithium Dividend History

Delta Lithium Dividend Yield

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

Delta Lithium Financial Ratios

P/E ratio-10441.25
PEG ratio-227.81
P/B ratio0.54
ROE-0.01%
Payout ratio0.00%
Current ratio15.52
Quick ratio15.52
Cash Ratio14.97

Delta Lithium Dividend FAQ

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