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IRIS Metals Limited explores for and evaluates mining tenements in Australia. It holds an interest in the Kookynie project comprising 20 prospecting licenses, 2 exploration licenses, and 1 mining license with a total area of approximately 35.5 square kilometers located in the north of Kalgoorlie; and Leonora project comprising 41 prospecting licenses that covers a total area of approximately 71 square kilometers located in the northeast of the Leonora townsite. The company was incorporated in 2020 and is based in Melbourne, Australia.

IRIS Metals Dividend Announcement

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

IRIS Metals Dividend History

IRIS Metals Dividend Yield

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

IRIS Metals Financial Ratios

P/E ratio-4.36
PEG ratio0.03
P/B ratio1.08
ROE-26.23%
Payout ratio0.00%
Current ratio7.33
Quick ratio7.33
Cash Ratio6.54

IRIS Metals Dividend FAQ

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