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Greenwing Resources Ltd engages in the production and sale of industrial mineral concentrates. It holds 100% interests in the Graphmada Large Flake Graphite mine located in eastern Madagascar; the San Jorge lithium brine project that includes 15 granted exploration licenses covering an area of approximately 36,000 hectares located in Argentina; and the Millie Reward lithium project located in central Madagascar. The company was formerly known as Bass Metals Limited and changed its name to Greenwing Resources Ltd in July 2021. Greenwing Resources Ltd was incorporated in 2004 and is based in Brisbane, Australia.

Greenwing Resources Dividend Announcement

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

Greenwing Resources Dividend History

Greenwing Resources Dividend Yield

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

Greenwing Resources Financial Ratios

P/E ratio-3.29
PEG ratio-0.10
P/B ratio0.43
ROE-14.24%
Payout ratio0.00%
Current ratio0.26
Quick ratio0.16
Cash Ratio0.09

Greenwing Resources Dividend FAQ

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