Table of Contents

company-logo

Lithium Plus Minerals Ltd acquires, explores for, and develops lithium properties in Australia. It holds 100% interest in the Bynoe project, which covers Bynoe and Wingate sub projects that comprise 12 granted exploration licenses covering a combined area of approximately 490 square kilometers, as well as 3 exploration licenses applications covering a combined area of 117 square kilometers located in the Bynoe Pegmatite Field in the Northern Territory; and the Arunta project, which covers the Barrow Creek, Moonlight, and Spotted Wonder sub-projects that comprise 7 granted exploration licenses covering a combined area of approximately 1,086 square kilometers situated in north-east of Alice Spring in central Australia in the Northern Territory. The company was incorporated in 2021 and is based in Sydney, Australia.

Lithium Plus Minerals Dividend Announcement

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

Lithium Plus Minerals Dividend History

Lithium Plus Minerals Dividend Yield

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

Lithium Plus Minerals Financial Ratios

P/E ratio-6.23
PEG ratio-0.06
P/B ratio0.59
ROE-9.30%
Payout ratio0.00%
Current ratio11.86
Quick ratio11.86
Cash Ratio4.55

Lithium Plus Minerals Dividend FAQ

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