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IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located to the east northeast of Norseman in the Great Western Woodlands of Western Australia; a 100% interest in the Cosmos nickel operation located to the north of Leinster in Western Australia; and a 100% interest in the Forrestania nickel operation located to the east of Perth in Western Australia. The company also focuses on investing in lithium mines, as well as holds 100% interest in the downstream processing refinery at Kwinana in Western Australia to produce battery grade lithium hydroxide. In addition, it owns and operates various projects, including Fraser Range, Kimberley, Paterson, Copper Coast, Frontier, Raptor, and Western Gawler projects. The company was formerly known as Independence Group NL and changed its name to IGO Limited in January 2020. IGO Limited was incorporated in 2000 and is headquartered in Perth, Australia.

IGO Dividend Announcement

IGO announced a semi annually dividend of A$0.26 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-11
IGO annual dividend for 2024 was A$0.37
IGO annual dividend for 2023 was A$0.58
IGO's trailing twelve-month (TTM) dividend yield is 7.36%
IGO's payout ratio for the trailing twelve months (TTM) is 19203.57%
IGO's dividend growth over the last five years (2018-2023) was 81.20% year
IGO's dividend growth over the last ten years (2013-2023) was 40.18% year

IGO Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-11A$0.26semi annually2024-09-26
2024-03-11A$0.11semi annually2024-03-27
2023-09-13A$0.44semi annually2023-09-28
2023-03-15A$0.14semi annually2023-03-31
2022-09-15A$0.05semi annually2022-09-30
2022-03-02A$0.05semi annually2022-03-18
2021-09-07A$0.10semi annually2021-09-23
2020-09-10A$0.05semi annually2020-09-25
2020-02-12A$0.06semi annually2020-02-28
2019-09-12A$0.08semi annually2019-09-26
2019-02-13A$0.02semi annually2019-03-01
2018-09-13A$0.02semi annually2018-09-27
2018-03-11A$0.01semi annually2018-03-28
2017-09-06A$0.01semi annually2017-09-22
2017-03-08A$0.01semi annually2017-03-27
2016-09-07A$0.02semi annually2016-09-23
2015-09-28A$0.02semi annually2015-10-15
2015-03-03A$0.06semi annually2015-03-20
2014-09-12A$0.05semi annually2014-09-30
2014-03-04A$0.03semi annually2014-03-28
2013-09-06A$0.01semi annually2013-09-27
2013-03-12A$0.01semi annually2013-03-28

IGO Dividend per year

IGO Dividend growth

IGO Dividend Yield

IGO current trailing twelve-month (TTM) dividend yield is 7.36%. Interested in purchasing IGO stock? Use our calculator to estimate your expected dividend yield:

IGO Financial Ratios

P/E ratio1359.82
PEG ratio-25.55
P/B ratio1.19
ROE0.08%
Payout ratio19203.57%
Current ratio5.85
Quick ratio4.93
Cash Ratio3.61

IGO Dividend FAQ

How much is the next IGO dividend?
IGO's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next IGO dividend. The next IGO dividend will be released in March, or September.
When is IGO dividend paid?
IGO pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does IGO pay?
The specific amount of IGO dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find IGO's dividend history.
Does IGO stock pay dividends?
Yes, IGO does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find IGO's dividend history.
How much dividend does IGO pay?
IGO paid A$0.37 in 2024, A$0.58 in 2023, A$0.1 in 2022, A$0.1 in 2021, and A$0.11 in 2020.
How often does IGO pay dividends?
IGO typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is IGO's dividend yield?
The current dividend yield for IGO is 7.36%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate IGO's exact dividend yield.
When does IGO go ex dividend?
IGO's ex-dividend date for the latest dividend was on 2024-09-11. IGO typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next IGO dividend paid?
IGO pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will IGO increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether IGO will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is IGO dividend per share?
IGO paid A$0.37 per share in 2024 and A$0.58 per share in 2023. The amount of dividend per share that IGO pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is IGO a dividend aristocrat?
No, 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 IGO a dividend king?
No, 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 IGO a dividend stock?
Yes, IGO is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is IGO a good dividend stock?
Whether IGO is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. IGO has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating IGO 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.
Does IGO pay dividends monthly?
IGO typically pays dividends on a semi annually basis.
Does IGO pay dividends quarterly?
IGO currently pays dividends on a semi annually basis.
Has IGO ever paid a dividend?
Yes, IGO has a history of paying dividends to its shareholders. IGO is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy IGO dividend stocks?
To buy IGO 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy IGO 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.
When does IGO pay dividends 2024?
IGO pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will IGO increase its dividend in 2024?
Decisions regarding IGO dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date IGO dividend overview you can look into the above table of dividend history.
How IGO dividend works?
The IGO dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how IGO's dividend process works:

1. Determination of Dividend: IGO'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, IGO 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, IGO 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 IGO 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.
How are IGO dividends paid?
IGO dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: IGO 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, IGO distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: IGO 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.
How many times does IGO pay dividends?
IGO typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does IGO pay dividends?
The general pattern is that IGO pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is IGO dividend safe?
The safety of IGO's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of IGO'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 IGO'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.