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Paterson Resources Ltd, a mineral resources company, focuses on the exploration and development of gold and copper projects in Australia. It holds 100% interest in the Grace project that covers an area of approximately 350 square kilometers located in the Paterson province in Western Australia; the Burraga project comprising 4 exploration licenses that covers an area of approximately 2 kilometers located in south of the village of Burraga; and the Pilbara gold project consisting of four exploration licenses located in Western Australia. The company was formerly known as Hardey Resources Limited and changed its name to Paterson Resources Ltd in December 2019. Paterson Resources Ltd was incorporated in 2005 and is based in Subiaco, Australia.

Paterson Resources Dividend Announcement

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

Paterson Resources Dividend History

Paterson Resources Dividend Yield

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

Paterson Resources Financial Ratios

P/E ratio-9.65
PEG ratio-0.10
P/B ratio0.78
ROE-7.46%
Payout ratio0.00%
Current ratio4.57
Quick ratio4.57
Cash Ratio0.69

Paterson Resources Dividend FAQ

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