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Develop Global Limited, together with its subsidiaries, engages in the exploration and development of mineral resource properties in Australia. It primarily explores for copper, zinc, lead, silver, and gold deposits. The company's flagship project is the Sulphur Springs project that includes Sulphur Springs and Kangaroo Caves deposits and tenements located to the south east of Port Hedland. The company was formerly known as Venturex Resources Limited and changed its name to Develop Global Limited in October 2021. Develop Global Limited was incorporated in 2006 and is based in West Leederville, Australia.

Develop Global Dividend Announcement

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

Develop Global Dividend History

Develop Global Dividend Yield

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

Develop Global Financial Ratios

P/E ratio-47.12
PEG ratio-1.68
P/B ratio1.64
ROE-3.50%
Payout ratio0.00%
Current ratio1.21
Quick ratio1.09
Cash Ratio0.68

Develop Global Dividend FAQ

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