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Globe Metals & Mining Limited explores, develops, and invests in the resource sector in Australia and Africa. The company primarily explores for niobium and tantalum deposits. It primarily holds 100% interest in the Kanyika project located in Malawi. The company was formerly known as Globe Uranium Limited. Globe Metals & Mining Limited was incorporated in 2005 and is headquartered in Midvale, Australia.

Globe Metals & Mining Dividend Announcement

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

Globe Metals & Mining Dividend History

Globe Metals & Mining Dividend Yield

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

Globe Metals & Mining Financial Ratios

P/E ratio-8671.76
PEG ratio-86.72
P/B ratio0.91
ROE-0.01%
Payout ratio0.00%
Current ratio4.70
Quick ratio5.02
Cash Ratio4.17

Globe Metals & Mining Dividend FAQ

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