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Forrestania Resources Limited engages in the exploration and development of mineral projects in Western Australia. The company primarily explores for gold, lithium, and nickel deposits. It holds interests in the Forrestania project covering an area of 623 km²; the Southern Cross gold project comprising five tenements, one exploration license, three exploration license applications, two prospecting licenses, and one mining license covering an area of 144.28 km²; and the Leonora project, including one exploration license and five exploration license applications that covers an area of 853.5km² in Western Australia. The company was incorporated in 2021 and is based in West Perth, Australia.

Forrestania Resources Dividend Announcement

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

Forrestania Resources Dividend History

Forrestania Resources Dividend Yield

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

Forrestania Resources Financial Ratios

P/E ratio-1.28
PEG ratio-0.07
P/B ratio0.34
ROE-22.29%
Payout ratio0.00%
Current ratio3.44
Quick ratio3.44
Cash Ratio2.57

Forrestania Resources Dividend FAQ

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