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New Age Exploration Limited operates as a minerals and metals exploration and development company focuses on gold projects in the United Kingdom, Australia, and New Zealand. The company focuses on advancing gold exploration projects in the Pilbara Gold district consists of 17 Exploration licenses that covers an area of approximately 2,030 kilometers located in the Western Australia. It also owns 100% interest in the Lochinvar coking coal project located on the Scotland. In addition, the company holds interest in Central Otago project located in west-northwest of Dunedin; and Marlborough Gold project located in south-east of Nelson. The company was incorporated in 1968 and is based in Melbourne, Australia.

Newe Exploration Dividend Announcement

• Newe Exploration announced a semi annually dividend of A$379.77 per ordinary share which will be made payable on 1998-10-23. Ex dividend date: 1998-09-23
• Newe Exploration's trailing twelve-month (TTM) dividend yield is -%

Newe Exploration Dividend History

Ex-Div dateDividend amountDividend typePay date
1998-09-23A$379.77semi annually1998-10-23
1995-11-06A$296.07semi annually1995-11-30
1995-05-04A$325.19semi annually1995-05-31
1994-11-03A$1788.57semi annually1994-11-30

Newe Exploration Dividend per year

Newe Exploration Dividend Yield

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

Newe Exploration Financial Ratios

P/E ratio-4.07
PEG ratio-0.04
P/B ratio1.56
ROE-32.38%
Payout ratio0.00%
Current ratio4.75
Quick ratio4.75
Cash Ratio4.42

Newe Exploration Dividend FAQ

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