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Legend Mining Limited engages in the exploration and evaluation of mineral properties in Australia. The company primarily explores for nickel, copper, cobalt, zinc, silver, and gold deposits. It holds interests in the Rockford project consisting of 15 granted exploration licenses that cover a total area of 3,054 square kilometers located in the Fraser Range district of Western Australia. Legend Mining Limited was incorporated in 1993 and is headquartered in West Perth, Australia.

Legend Mining Dividend Announcement

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

Legend Mining Dividend History

Legend Mining Dividend Yield

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

Legend Mining Financial Ratios

P/E ratio-3.33
PEG ratio-0.03
P/B ratio0.59
ROE-16.90%
Payout ratio0.00%
Current ratio31.80
Quick ratio31.80
Cash Ratio31.32

Legend Mining Dividend FAQ

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