Hillgrove Resources Limited operates as a mining company in Australia. The company explores for copper, gold, and silver deposits. Its flagship project is Kanmantoo Copper mine located approximately 55km from Adelaide, South Australia. The company was incorporated in 1952 and is headquartered in Unley, Australia.
Hillgrove Resources Dividend Announcement
• Hillgrove Resources announced a annually dividend of A$0.01 per ordinary share which will be made payable on 2019-06-28. Ex dividend date: 2019-06-13
• Hillgrove Resources's trailing twelve-month (TTM) dividend yield is -%
Hillgrove Resources Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2019-06-13 | A$0.01 | annually | 2019-06-28 |
| 2009-09-16 | A$0.01 | annually | 2009-10-06 |
Hillgrove Resources Dividend per year
Hillgrove Resources Dividend Yield
Hillgrove Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hillgrove Resources stock? Use our calculator to estimate your expected dividend yield:
Hillgrove Resources Financial Ratios
P/E ratio-7.58
PEG ratio-0.08
P/B ratio2.17
ROE-29.90%
Payout ratio0.00%
Current ratio0.49
Quick ratio0.31
Cash Ratio0.20
Hillgrove Resources Dividend FAQ
Does Hillgrove Resources stock pay dividends?
Hillgrove Resources does not currently pay dividends to its shareholders.
Has Hillgrove Resources ever paid a dividend?
No, Hillgrove Resources has no a history of paying dividends to its shareholders. Hillgrove Resources is not known for its dividend payments.
Why doesn't Hillgrove Resources pay dividends?
There are several potential reasons why Hillgrove 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.
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 Hillgrove 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 Hillgrove 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 Hillgrove Resources a dividend aristocrat?
Hillgrove 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 Hillgrove Resources a dividend king?
Hillgrove 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 Hillgrove Resources a dividend stock?
No, Hillgrove 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 Hillgrove Resources stocks?
To buy Hillgrove 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 Hillgrove 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.
Place an order: Use the brokerage's trading platform to place an order to buy Hillgrove 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.