Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Western Australia. The company primarily explores for gold deposits. It owns 50% interest in the Gruyere gold mine, which was developed in joint venture (JV) with Gold Fields Ltd. The Gruyere JV has mineral resources of 7.38 million ounces, including an ore reserve of 4.45 million ounces. The company also controls 100% of tenements covering 4,000 square kilometers across Yamarna with a mineral resource of 0.51 million ounces. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010. Gold Road Resources Limited was incorporated in 2004 and is based in West Perth, Australia.
Gold Road Resources Dividend Announcement
• Gold Road Resources announced a semi annually dividend of $0.00 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-08-29 • Gold Road Resources annual dividend for 2024 was $0.01 • Gold Road Resources annual dividend for 2023 was $0.01 • Gold Road Resources's trailing twelve-month (TTM) dividend yield is 1.08% • Gold Road Resources's payout ratio for the trailing twelve months (TTM) is 19.02%
Gold Road Resources current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Gold Road Resources stock? Use our calculator to estimate your expected dividend yield:
Gold Road Resources Financial Ratios
P/E ratio16.10
PEG ratio-0.05
P/B ratio2.25
ROE14.05%
Payout ratio19.02%
Current ratio2.26
Quick ratio1.47
Cash Ratio1.32
Gold Road Resources Dividend FAQ
How much is the next Gold Road Resources dividend?
Gold Road Resources's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Gold Road Resources dividend. The next Gold Road Resources dividend will be released in March, or September.
When is Gold Road Resources dividend paid?
Gold Road Resources pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Gold Road Resources pay?
The specific amount of Gold Road Resources dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gold Road Resources's dividend history.
Does Gold Road Resources stock pay dividends?
Yes, Gold Road Resources does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Gold Road Resources's dividend history.
How much dividend does Gold Road Resources pay?
Gold Road Resources paid $0.009 in 2024, $0.01 in 2023, $0.014 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Gold Road Resources pay dividends?
Gold Road Resources typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Gold Road Resources's dividend yield?
The current dividend yield for Gold Road Resources is 1.08%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Gold Road Resources's exact dividend yield.
When does Gold Road Resources go ex dividend?
Gold Road Resources's ex-dividend date for the latest dividend was on 2024-08-29. Gold Road Resources typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Gold Road Resources dividend paid?
Gold Road Resources pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Gold Road Resources increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Gold Road Resources will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Gold Road Resources dividend per share?
Gold Road Resources paid $0.009 per share in 2024 and $0.01 per share in 2023. The amount of dividend per share that Gold Road Resources pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Gold Road Resources a dividend aristocrat?
No, 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 Gold Road Resources a dividend king?
No, 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 Gold Road Resources a dividend stock?
Yes, Gold Road Resources is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Gold Road Resources a good dividend stock?
Whether Gold Road Resources is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Gold Road Resources has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Gold Road Resources as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Gold Road Resources pay dividends monthly?
Gold Road Resources typically pays dividends on a semi annually basis.
Does Gold Road Resources pay dividends quarterly?
Gold Road Resources currently pays dividends on a semi annually basis.
Has Gold Road Resources ever paid a dividend?
Yes, Gold Road Resources has a history of paying dividends to its shareholders. Gold Road Resources is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Gold Road Resources dividend stocks?
To buy Gold Road 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Gold Road 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.
When does Gold Road Resources pay dividends 2024?
Gold Road Resources pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Gold Road Resources increase its dividend in 2024?
Decisions regarding Gold Road Resources dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Gold Road Resources dividend overview you can look into the above table of dividend history.
How Gold Road Resources dividend works?
The Gold Road Resources dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Gold Road Resources's dividend process works:
1. Determination of Dividend: Gold Road Resources's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Gold Road Resources publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Gold Road Resources distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Gold Road Resources are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Gold Road Resources dividends paid?
Gold Road Resources dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Gold Road Resources sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Gold Road Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Gold Road Resources declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Gold Road Resources pay dividends?
Gold Road Resources typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Gold Road Resources pay dividends?
The general pattern is that Gold Road Resources pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Gold Road Resources dividend safe?
The safety of Gold Road Resources's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Gold Road Resources's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Gold Road Resources's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.