Kingston Resources Limited engages in the exploration and evaluation of mineral properties in Australia. The company's projects include the Misima Gold project located in the Solomon Sea and Mineral Hill Mine project located in New South Wales. Kingston Resources Limited was incorporated in 1985 and is based in North Sydney, Australia.
Kingston Resources Dividend Announcement
• Kingston Resources does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Kingston Resources dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Kingston Resources Dividend History
Kingston Resources Dividend Yield
Kingston Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Kingston Resources stock? Use our calculator to estimate your expected dividend yield:
Kingston Resources Financial Ratios
P/E ratio-77.46
PEG ratio-0.77
P/B ratio0.61
ROE-0.84%
Payout ratio0.00%
Current ratio0.83
Quick ratio0.68
Cash Ratio0.60
Kingston Resources Dividend FAQ
Does Kingston Resources stock pay dividends?
Kingston Resources does not currently pay dividends to its shareholders.
Has Kingston Resources ever paid a dividend?
No, Kingston Resources has no a history of paying dividends to its shareholders. Kingston Resources is not known for its dividend payments.
Why doesn't Kingston Resources pay dividends?
There are several potential reasons why Kingston 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 Kingston 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 Kingston 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 Kingston Resources a dividend aristocrat?
Kingston 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 Kingston Resources a dividend king?
Kingston 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 Kingston Resources a dividend stock?
No, Kingston 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 Kingston Resources stocks?
To buy Kingston 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 Kingston 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 Kingston 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.