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MRG Metals Ltd, together with its subsidiaries, engages in the exploration and development of heavy mineral sands in Mozambique. The company holds interests in Heavy Mineral Sands projects comprising 2 licenses the Corridor Central and Corridor South covering and area of 387 square kilometers; the Linhuane Project that consists of 113 square kilometers; and the Marao and Marruca projects comprising approximately 385 square kilometers located in Mozambique. MRG Metals Ltd was incorporated in 2011 and is based in Ballarat, Australia.

MRG Metals Dividend Announcement

• MRG Metals announced a annually dividend of A$0.01 per ordinary share which will be made payable on . Ex dividend date: 2017-12-29
• MRG Metals's trailing twelve-month (TTM) dividend yield is -%

MRG Metals Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-12-29A$0.01annually

MRG Metals Dividend per year

MRG Metals Dividend Yield

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

MRG Metals Financial Ratios

P/E ratio-14.99
PEG ratio-0.15
P/B ratio0.95
ROE-6.17%
Payout ratio0.00%
Current ratio3.41
Quick ratio3.41
Cash Ratio1.61

MRG Metals Dividend FAQ

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