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Mayur Resources Ltd, an investment holding company, engages in the exploration and evaluation of mineral resources. The company operates through Cement and Lime, Iron and Industrial Sands, Coal and Power, and Renewables segments. The Cement and Lime segment includes limestone; and the Central Cement and Lime Project. The Iron and Industrial Sands segment develops Orokolo Bay Iron and Industrial Sands project consisting of construction sands, magnetite sand, and heavy mineral sands located in Papua New Guinea. The Coal and Power segment operates Depot Creek coal resource in the Gulf Project of Papua New Guinea. The Renewables segment invests in forestry carbon credit projects. It also engages in the steel and power generation activities. The company was incorporated in 2011 and is based in Brisbane, Australia.

Mayur Resources Dividend Announcement

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

Mayur Resources Dividend History

Mayur Resources Dividend Yield

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

Mayur Resources Financial Ratios

P/E ratio-19.80
PEG ratio-0.20
P/B ratio2.42
ROE-13.92%
Payout ratio0.00%
Current ratio0.54
Quick ratio0.54
Cash Ratio0.39

Mayur Resources Dividend FAQ

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