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Macro Metals Limited, through its subsidiaries, engages in the exploration and evaluation of iron ore and other mineral properties in Australia and Nigeria. The company holds a 100% interest in the Agbaja iron ore and steel project located in Kogi State in the Republic of Nigeria; and interest in the Mogul VMS project located in Western Australia. It also owns a portfolio of 8 iron ore projects in the Pilbara and Mid West regions of Western Australia. The company was formerly known as Kogi Iron Limited and changed its name to Macro Metals Limited in December 2022. Macro Metals Limited was incorporated in 1980 and is based in Peppermint Grove, Australia.

Macro Metals Dividend Announcement

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

Macro Metals Dividend History

Macro Metals Dividend Yield

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

Macro Metals Financial Ratios

P/E ratio-1496.45
PEG ratio157.13
P/B ratio2.41
ROE-0.18%
Payout ratio0.00%
Current ratio5.20
Quick ratio5.30
Cash Ratio5.03

Macro Metals Dividend FAQ

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