Leo Lithium Limited, together with its subsidiaries, engages in exploration and mining activities in Mali. Its project include the Goulamina lithium project that covers 100 square kilometres land holding in the Bougouni Region of southern Mali. The company was incorporated in 2019 and is based in West Perth, Australia. Leo Lithium Limited is a subsidiary of Firefinch Limited.
Leo Lithium Dividend Announcement
• Leo Lithium announced a annually dividend of $0.11 per ordinary share which will be made payable on 2025-01-31. Ex dividend date: 2025-01-22
• Leo Lithium's trailing twelve-month (TTM) dividend yield is -%
Leo Lithium Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2025-01-22 | $0.11 | annually | 2025-01-31 |
Leo Lithium Dividend per year
Leo Lithium Dividend Yield
Leo Lithium current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Leo Lithium stock? Use our calculator to estimate your expected dividend yield:
Leo Lithium Financial Ratios
P/E ratio-41.44
PEG ratio13.30
P/B ratio0.38
ROE-0.92%
Payout ratio0.00%
Current ratio31.93
Quick ratio31.93
Cash Ratio14.69
Leo Lithium Dividend FAQ
Does Leo Lithium stock pay dividends?
Leo Lithium does not currently pay dividends to its shareholders.
Has Leo Lithium ever paid a dividend?
No, Leo Lithium has no a history of paying dividends to its shareholders. Leo Lithium is not known for its dividend payments.
Why doesn't Leo Lithium pay dividends?
There are several potential reasons why Leo Lithium 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 Leo Lithium 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 Leo Lithium 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 Leo Lithium a dividend aristocrat?
Leo Lithium 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 Leo Lithium a dividend king?
Leo Lithium 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 Leo Lithium a dividend stock?
No, Leo Lithium 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 Leo Lithium stocks?
To buy Leo Lithium 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 Leo Lithium 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 Leo Lithium 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.