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Lithium South Development Corporation, an exploration stage junior mining company, engages in the identification, acquisition, and exploration of mineral properties. Its flagship property is the Hombre Muerto North lithium brine project covering approximately 5,687 hectares in nine mining concessions located in Salta Province, Argentina. The company was formerly known as NRG Metals Inc. and changed its name to Lithium South Development Corporation in November 2020. Lithium South Development Corporation was incorporated in 1995 and is headquartered in Vancouver, Canada.

Lithium South Development Dividend Announcement

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

Lithium South Development Dividend History

Lithium South Development Dividend Yield

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

Lithium South Development Financial Ratios

P/E ratio-2.38
PEG ratio0.05
P/B ratio1.08
ROE-46.76%
Payout ratio0.00%
Current ratio24.06
Quick ratio24.06
Cash Ratio23.28

Lithium South Development Dividend FAQ

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