Mandalay Resources Corporation, a natural resource company, engages in the acquisition, exploration, extraction, processing, and reclamation of mineral properties. It explores for gold, silver, and antimony deposits. The company primarily holds 100% interests in the Costerfield gold-antimony mine located in Central Victoria, Australia; and the Björkdal gold mine located in Västerbotten County in northern Sweden. The company was incorporated in 1997 and is headquartered in Toronto, Canada.
Mandalay Resources Dividend Announcement
• Mandalay Resources announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2017-06-01. Ex dividend date: 2017-05-17
• Mandalay Resources's trailing twelve-month (TTM) dividend yield is -%
Mandalay Resources Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2017-05-17 | $0.01 | quarterly | 2017-06-01 |
| 2017-02-23 | $0.00 | quarterly | 2017-03-09 |
| 2016-11-09 | $0.01 | quarterly | |
| 2016-08-18 | $0.01 | quarterly | |
| 2016-05-19 | $0.01 | quarterly | |
| 2016-02-25 | $0.01 | quarterly | |
| 2015-11-12 | $0.01 | quarterly | |
| 2015-08-13 | $0.01 | quarterly | |
| 2015-05-20 | $0.01 | quarterly | |
| 2015-02-25 | $0.01 | quarterly | |
| 2014-11-13 | $0.01 | quarterly | |
| 2014-08-14 | $0.01 | quarterly | |
| 2014-05-14 | $0.01 | quarterly | |
| 2014-02-26 | $0.01 | quarterly |
Mandalay Resources Dividend per year
Mandalay Resources Dividend growth
Mandalay Resources Dividend Yield
Mandalay Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Mandalay Resources stock? Use our calculator to estimate your expected dividend yield:
Mandalay Resources Financial Ratios
P/E ratio8.12
PEG ratio-0.57
P/B ratio1.08
ROE14.50%
Payout ratio0.00%
Current ratio1.77
Quick ratio1.37
Cash Ratio0.98
Mandalay Resources Dividend FAQ
Does Mandalay Resources stock pay dividends?
Mandalay Resources does not currently pay dividends to its shareholders.
Has Mandalay Resources ever paid a dividend?
No, Mandalay Resources has no a history of paying dividends to its shareholders. Mandalay Resources is not known for its dividend payments.
Why doesn't Mandalay Resources pay dividends?
There are several potential reasons why Mandalay Resources 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 Mandalay Resources 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 Mandalay Resources 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 Mandalay Resources a dividend aristocrat?
Mandalay Resources 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 Mandalay Resources a dividend king?
Mandalay Resources 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 Mandalay Resources a dividend stock?
No, Mandalay Resources 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 Mandalay Resources stocks?
To buy Mandalay Resources 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 Mandalay Resources 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 Mandalay Resources 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.