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Nordic Iron Ore AB (publ) engages in the exploration, development, and mining of iron-ore deposits in Västerbergslagen, Sweden. Its products include fines, sinter, pellets, and lump ore. The company also explores for apatite, lanthanum, gold, and copper deposits. Its exploitation concessions include Blötbergsgruvan K No. 1, Blötbergsgruvan K No. 2, Håksbergsgruvan K No. 1, and Southern Väsman field K No. 1, as well as exploration permit, including Ludvikafältet No. 1 and Blötberget No. 4 located in Ludvika. The company was founded in 2008 and is headquartered in Danderyd, Sweden.

Nordic Iron Ore Dividend Announcement

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

Nordic Iron Ore Dividend History

Nordic Iron Ore Dividend Yield

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

Nordic Iron Ore Financial Ratios

P/E ratio-27.36
PEG ratio-5.65
P/B ratio1.15
ROE-5.93%
Payout ratio0.00%
Current ratio33.47
Quick ratio33.47
Cash Ratio32.96

Nordic Iron Ore Dividend FAQ

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