Genesis Minerals Limited engages in the exploration and development of gold deposits in Western Australia. The company owns 100% interests in the Leonora Gold project located to the north of Kalgoorlie. Genesis Minerals Limited was incorporated in 2007 and is based in Perth, Australia.
Genesis Minerals Dividend Announcement
• Genesis Minerals does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Genesis Minerals dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Genesis Minerals Dividend History
Genesis Minerals Dividend Yield
Genesis Minerals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Genesis Minerals stock? Use our calculator to estimate your expected dividend yield:
Genesis Minerals Financial Ratios
P/E ratio33.01
PEG ratio1.92
P/B ratio2.84
ROE9.11%
Payout ratio0.00%
Current ratio2.14
Quick ratio1.74
Cash Ratio1.63
Genesis Minerals Dividend FAQ
Does Genesis Minerals stock pay dividends?
Genesis Minerals does not currently pay dividends to its shareholders.
Has Genesis Minerals ever paid a dividend?
No, Genesis Minerals has no a history of paying dividends to its shareholders. Genesis Minerals is not known for its dividend payments.
Why doesn't Genesis Minerals pay dividends?
There are several potential reasons why Genesis Minerals 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.
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 Genesis Minerals 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 Genesis Minerals 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 Genesis Minerals a dividend aristocrat?
Genesis Minerals 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 Genesis Minerals a dividend king?
Genesis Minerals 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 Genesis Minerals a dividend stock?
No, Genesis Minerals 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 Genesis Minerals stocks?
To buy Genesis Minerals 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 Genesis Minerals 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.
Place an order: Use the brokerage's trading platform to place an order to buy Genesis Minerals 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.