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New World Resources Limited engages in the exploration and development of mineral properties in North America. The company explores for gold, copper, and zinc deposits. It holds interests in the Tererro copper-gold-zinc VMS project located in New Mexico, and the Antler copper project situated in Arizona. The company was formerly known as New World Cobalt Limited and changed its name to New World Resources Limited in December 2019. The company was incorporated in 2004 and is based in Subiaco, Australia.

New World Resources Dividend Announcement

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

New World Resources Dividend History

New World Resources Dividend Yield

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

New World Resources Financial Ratios

P/E ratio-16.83
PEG ratio0.11
P/B ratio0.68
ROE-4.68%
Payout ratio0.00%
Current ratio5.81
Quick ratio5.81
Cash Ratio5.39

New World Resources Dividend FAQ

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