Grange Resources Limited owns and operates integrated iron ore mining and pellet production business in the northwest region of Tasmania. The company is involved in the mining, processing, and sale of iron ore; and exploration, evaluation, and development of mineral resources. It owns interests in the Savage River project in Tasmania; Pellet Plant project in Port Latta located to the northwest of Burnie; and Southdown magnetite project located in Western Australia. Grange Resources Limited is based in Burnie, Australia.
Grange Resources Dividend Announcement
• Grange Resources announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-13
• Grange Resources annual dividend for 2024 was A$0.03
• Grange Resources annual dividend for 2023 was A$0.02
• Grange Resources's trailing twelve-month (TTM) dividend yield is 10.2%
• Grange Resources's payout ratio for the trailing twelve months (TTM) is 21.79%
Grange Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | A$0.01 | semi annually | 2024-09-30 |
2024-03-12 | A$0.02 | semi annually | 2024-03-28 |
2023-03-10 | A$0.02 | semi annually | 2023-03-28 |
2022-09-13 | A$0.02 | semi annually | 2022-09-30 |
2022-03-11 | A$0.10 | semi annually | 2022-03-29 |
2021-12-15 | A$0.10 | semi annually | 2021-12-29 |
2021-09-13 | A$0.02 | semi annually | 2021-09-30 |
2021-03-12 | A$0.02 | semi annually | 2021-03-30 |
2020-09-11 | A$0.01 | semi annually | 2020-09-30 |
2020-03-13 | A$0.01 | semi annually | 2020-03-30 |
2019-09-10 | A$0.01 | semi annually | 2019-09-27 |
2019-03-14 | A$0.01 | semi annually | 2019-03-29 |
2018-09-11 | A$0.01 | semi annually | 2018-09-26 |
2018-03-13 | A$0.01 | semi annually | 2018-03-28 |
2017-03-14 | A$0.01 | semi annually | 2017-03-29 |
2016-09-08 | A$0.01 | semi annually | 2016-09-27 |
2014-03-11 | A$0.01 | semi annually | 2014-04-04 |
2013-09-11 | A$0.01 | semi annually | 2013-10-02 |
2013-03-07 | A$0.01 | semi annually | 2013-04-03 |
2012-09-11 | A$0.01 | semi annually | 2012-10-02 |
2012-04-03 | A$0.03 | semi annually | 2012-04-27 |
Grange Resources Dividend per year
Grange Resources Dividend growth
Grange Resources Dividend Yield
Grange Resources current trailing twelve-month (TTM) dividend yield is 10.2%. Interested in purchasing Grange Resources stock? Use our calculator to estimate your expected dividend yield:
Grange Resources Financial Ratios
Grange Resources Dividend FAQ
Other factors to consider when evaluating Grange 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.
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1. Determination of Dividend: Grange 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, Grange 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, Grange 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 Grange 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.
1. Record Date: Grange 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, Grange 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: Grange 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.
To assess the safety of Grange 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 Grange 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.