Gibb River Diamonds Limited engages in the mineral exploration business in Australia. It holds 100% interests in the Ellendale Diamond project located in Kimberley Region, Western Australia; and the Highland Plains Phosphate project situated in Northern Territory, Australia. The company also has a 20% interest in the Iroquois Zinc-Lead project in the Earaheedy Basin (tenement E69/2820) located to the north-east of Wiluna, Western Australia. In addition, it holds an option to acquire a 100% interest in the Edjudina Gold project situated in the Eastern Goldfields region of Western Australia. The company was formerly known as POZ Minerals Limited and changed its name to Gibb River Diamonds Limited in November 2018. Gibb River Diamonds Limited was incorporated in 2008 and is based in West Perth, Australia.
Gibb River Diamonds Dividend Announcement
• Gibb River Diamonds announced a annually dividend of A$0.00 per ordinary share which will be made payable on . Ex dividend date: 2018-05-29
• Gibb River Diamonds's trailing twelve-month (TTM) dividend yield is -%
Gibb River Diamonds Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2018-05-29 | A$0.00 | annually |
Gibb River Diamonds Dividend per year
Gibb River Diamonds Dividend Yield
Gibb River Diamonds current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Gibb River Diamonds stock? Use our calculator to estimate your expected dividend yield:
Gibb River Diamonds Financial Ratios
Gibb River Diamonds Dividend FAQ
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.
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