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Enegex Limited explores for, evaluates, and invests in natural resource properties in Australia. The company explores for nickel, copper, and PGE deposits. It holds 100% interests in the West Yilgarn project that comprises 20 granted exploration licenses totaling 3,784 square kilometers in the West Yilgarn province; and the Hart Dolerite project, which comprises one granted exploration tenement that covers 374 square kilometers located in the East Kimberley province, Western Australia. Enegex Limited was incorporated in 2012 and is headquartered in South Yarra, Australia.

Enegex Dividend Announcement

• Enegex announced a annually dividend of A$0.12 per ordinary share which will be made payable on 2024-03-13. Ex dividend date: 2023-12-28
• Enegex's trailing twelve-month (TTM) dividend yield is 875.0%

Enegex Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-28A$0.12annually2024-03-13

Enegex Dividend per year

Enegex Dividend Yield

Enegex current trailing twelve-month (TTM) dividend yield is 875.0%. Interested in purchasing Enegex stock? Use our calculator to estimate your expected dividend yield:

Enegex Financial Ratios

P/E ratio-5793.56
PEG ratio-57.94
P/B ratio1.92
ROE-0.03%
Payout ratio0.00%
Current ratio7.30
Quick ratio7.30
Cash Ratio7.30

Enegex Dividend FAQ

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