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Greenstone Resources Limited explores for and develops mineral resources projects in Western Australia. The company explores for gold, nickel, cobalt, and manganese deposits. It holds a 100% interest in the Burbanks gold project located at the southeast of Coolgardie; and the Phillips Find gold project located in north-northwest of Coolgardie. The company also holds a 50% interest in the Mt Thirsty cobalt-nickel project located to the northwest of Norseman, Western Australia; and a 30% interest in the Riverina Nickel Project is located 125 kilometers located to the north of Coolgardie in Western Australia. The company was formerly known as Barra Resources Limited and changed its name to Greenstone Resources Limited in October 2021. Greenstone Resources Limited was incorporated in 2000 and is based in West Perth, Australia.

Greenstone Resources Dividend Announcement

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

Greenstone Resources Dividend History

Greenstone Resources Dividend Yield

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

Greenstone Resources Financial Ratios

P/E ratio-7.07
PEG ratio-0.07
P/B ratio0.54
ROE-8.00%
Payout ratio0.00%
Current ratio1.03
Quick ratio1.03
Cash Ratio0.55

Greenstone Resources Dividend FAQ

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

Place an order: Use the brokerage's trading platform to place an order to buy Greenstone 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.