Pilbara Minerals Limited explores for, develops, and operates mineral resources in Australia. The company primarily holds a 100% interest in the Pilgangoora lithium-tantalum project located in the Pilbara region of Western Australia. The company was incorporated in 2005 and is based in West Perth, Australia.
Pilbara Minerals Dividend Announcement
• Pilbara Minerals announced a semi annually dividend of $0.08 per ordinary share which will be made payable on 2023-09-27. Ex dividend date: 2023-09-05
• Pilbara Minerals's trailing twelve-month (TTM) dividend yield is -%
• Pilbara Minerals's payout ratio for the trailing twelve months (TTM) is 163.90%
Pilbara Minerals Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2023-09-05 | $0.08 | semi annually | 2023-09-27 |
| 2023-03-02 | $0.07 | semi annually | 2023-03-24 |
Pilbara Minerals Dividend per year
Pilbara Minerals Dividend Yield
Pilbara Minerals current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Pilbara Minerals stock? Use our calculator to estimate your expected dividend yield:
Pilbara Minerals Financial Ratios
P/E ratio35.32
PEG ratio0.23
P/B ratio2.80
ROE7.97%
Payout ratio163.90%
Current ratio4.52
Quick ratio4.21
Cash Ratio3.78
Pilbara Minerals Dividend FAQ
Does Pilbara Minerals stock pay dividends?
Pilbara Minerals does not currently pay dividends to its shareholders.
Has Pilbara Minerals ever paid a dividend?
No, Pilbara Minerals has no a history of paying dividends to its shareholders. Pilbara Minerals is not known for its dividend payments.
Why doesn't Pilbara Minerals pay dividends?
There are several potential reasons why Pilbara Minerals 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.
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 Pilbara Minerals 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 Pilbara Minerals 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 Pilbara Minerals a dividend aristocrat?
Pilbara Minerals 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 Pilbara Minerals a dividend king?
Pilbara Minerals 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 Pilbara Minerals a dividend stock?
No, Pilbara Minerals 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 Pilbara Minerals stocks?
To buy Pilbara Minerals 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 Pilbara Minerals 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.
Place an order: Use the brokerage's trading platform to place an order to buy Pilbara Minerals 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.