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Lachlan Star Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia. It explores for gold, silver, copper, nickel, cobalt, lead, zinc, and PGE deposits. The company holds 100% interests in the Princhester Magnesite project that includes two granted mining leases located to the northwest of Rockhampton, Queensland; and the Killaloe gold project consists of two contiguous exploration licenses and the separate Buldania mining license covering an area of approximately 94 square kilometers located in the Eastern Goldfields, Western Australia. It also holds 75% interest in the Koojan project located in the New Norcia region, Western Australia. The company was formerly known as Toodyay Resources Limited and changed its name to Lachlan Star Limited in November 2007. Lachlan Star Limited was incorporated in 1970 and is based in West Perth, Australia.

Lachlan Star Dividend Announcement

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

Lachlan Star Dividend History

Lachlan Star Dividend Yield

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

Lachlan Star Financial Ratios

P/E ratio-296.63
PEG ratio-2.97
P/B ratio0.05
ROE-0.01%
Payout ratio0.00%
Current ratio8.17
Quick ratio8.17
Cash Ratio5.19

Lachlan Star Dividend FAQ

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