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Encounter Resources Limited engages in the exploration and development of mineral deposits in Australia. It explores for zinc, copper, gold, and cobalt deposits. The company holds interests in the Lamil and Yeneena projects located in the Paterson Province, Western Australia. It also holds interests in the Aileron project situated in the West Arunta, Western Australia; and the Elliott copper project located in the Northern Territory. The company was incorporated in 2004 and is based in Subiaco, Australia.

Encounter Resources Dividend Announcement

• Encounter Resources announced a annually dividend of A$0.00 per ordinary share which will be made payable on . Ex dividend date: 2017-12-27
• Encounter Resources's trailing twelve-month (TTM) dividend yield is -%

Encounter Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-12-27A$0.00annually

Encounter Resources Dividend per year

Encounter Resources Dividend Yield

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

Encounter Resources Financial Ratios

P/E ratio-26.77
PEG ratio-0.27
P/B ratio3.20
ROE-13.74%
Payout ratio0.00%
Current ratio9.16
Quick ratio9.16
Cash Ratio9.08

Encounter Resources Dividend FAQ

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