Table of Contents

company-logo

Griffin Mining Limited, a mining and investment company, engages in the mining, exploration, and development of mineral properties. The company primarily explores for zinc, gold, silver, lead, and base and precious metal deposits. Its principal property is the Caijiaying mine located in Hebei Province, the People's Republic of China. The company was formerly known as European Mining Finance Ltd. and changed its name to Griffin Mining Limited in January 1998. Griffin Mining Limited was founded in 1988 and is based in London, the United Kingdom.

Griffin Mining Dividend Announcement

• Griffin Mining announced a annually dividend of £1.49 per ordinary share which will be made payable on 2008-06-06. Ex dividend date: 2008-05-07
• Griffin Mining's trailing twelve-month (TTM) dividend yield is -%

Griffin Mining Dividend History

Ex-Div dateDividend amountDividend typePay date
2008-05-07£1.49annually2008-06-06

Griffin Mining Dividend per year

Griffin Mining Dividend Yield

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

Griffin Mining Financial Ratios

P/E ratio16.18
PEG ratio-148.58
P/B ratio1.26
ROE7.86%
Payout ratio0.00%
Current ratio1.76
Quick ratio1.58
Cash Ratio1.49

Griffin Mining Dividend FAQ

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