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Eastern Resources Limited engages in the exploration for iron ore, precious, and base metals resources in Australia. The company also explores for copper-gold volcanogenic sulphide deposits. Its holds interest in the Nowa Nowa iron project located in Victoria; and the Nowa Nowa Copper project located in in Eastern Victoria. It also has an option to acquire 100% interest in the Trigg Hill Lithium-Tantalum Project and the Taylor Lookout Lithium-Tantalum Project in Western Australia. The company was formerly known as Eastern Iron Limited and changed its name to Eastern Resources Limited. The company was incorporated in 2007 and is headquartered in St Leonards, Australia.

Eastern Resources Dividend Announcement

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

Eastern Resources Dividend History

Eastern Resources Dividend Yield

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

Eastern Resources Financial Ratios

P/E ratio-46.61
PEG ratio-0.47
P/B ratio3.22
ROE-6.89%
Payout ratio0.00%
Current ratio24.19
Quick ratio24.19
Cash Ratio23.65

Eastern Resources Dividend FAQ

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