Table of Contents

company-logo

MMG Limited, an investment holding company, engages in the exploration, development, and mining of copper, zinc, gold, silver, molybdenum, cobalt, and lead deposits in Australia and internationally. It operates through Las Bambas, Kinsevere, Dugald River, Rosebery, and Other segments. The company holds a 62.5% interest in the Las Bambas open-pit copper and molybdenum mine located in Cotabambas, Apurimac region of Peru; and 100% interest in the Kinsevere open-pit copper mine in the Haut-Katanga province of the Democratic Republic of the Congo. It also holds a 100% interest in the Dugald River underground zinc mine located near Cloncurry in North West Queensland; and the Rosebery underground polymetallic base metal mine located on Tasmania's west coast. The company was formerly known as Minmetals Resources Limited and changed its name to MMG Limited in September 2012. MMG Limited was incorporated in 1988 and is headquartered in Southbank, Australia. MMG Limited is a subsidiary of China Minmetals Corporation.

MMG Dividend Announcement

• MMG announced a annually dividend of HK$0.07 per ordinary share which will be made payable on 2014-06-06. Ex dividend date: 2014-05-23
• MMG's trailing twelve-month (TTM) dividend yield is -%

MMG Dividend History

Ex-Div dateDividend amountDividend typePay date
2014-05-23HK$0.07annually2014-06-06
2008-05-06HK$0.03annually2008-07-03
2007-09-25HK$0.01annually2007-10-15

MMG Dividend per year

MMG Dividend Yield

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

MMG Financial Ratios

P/E ratio39.28
PEG ratio2.96
P/B ratio1.64
ROE4.18%
Payout ratio0.00%
Current ratio0.79
Quick ratio0.62
Cash Ratio0.29

MMG Dividend FAQ

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