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Discovery Alaska Limited engages in mineral exploration activities in Western Australia. The company primarily explores for lithium, tin, silver, gold, and copper deposits. It holds 100% interest in Chulitna project comprising 308 mining claims covering 199.4 square kilometers located in the state of Alaska public lands. The company was formerly known as Discovery Africa Limited and changed its name to Discovery Alaska Limited in December 2021. Discovery Alaska Limited was incorporated in 2010 and is based in Osborne Park, Australia.

Discovery Alaska Dividend Announcement

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

Discovery Alaska Dividend History

Discovery Alaska Dividend Yield

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

Discovery Alaska Financial Ratios

P/E ratio-1.76
PEG ratio-0.14
P/B ratio5.15
ROE-166.59%
Payout ratio0.00%
Current ratio9.95
Quick ratio9.95
Cash Ratio8.94

Discovery Alaska Dividend FAQ

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