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Power Minerals Limited engages in the exploration and development of mineral projects in Australia and Argentina. It primarily explores for lithium, copper, nickel, cobalt, gold, and kaolin deposits. The company holds 100% interest in the Salta Lithium Brine project that comprises 11 leases covering an area of 23,796 hectares located in Salta Province, Argentina; and the Musgrave project that consists of two exploration licenses and eight exploration license applications covering an area of 14,618 square kilometers located in the Musgrave Province, South Australia. It also holds interests in the Eyre Peninsula Kaolin project that consists of three exploration licenses covering an area of 1,413 square kilometers located in South Australia; and the Santa Ines copper-gold project that consists of four mining leases covering 61.4 square kilometers located in Argentina. The company was formerly known as PepinNini Minerals Limited and changed its name to Power Minerals Limited in June 2022. Power Minerals Limited was incorporated in 2002 and is based in Kent Town, Australia.

Power Minerals Dividend Announcement

• Power Minerals announced a annually dividend of A$0.04 per ordinary share which will be made payable on 2007-12-17. Ex dividend date: 2007-12-04
• Power Minerals's trailing twelve-month (TTM) dividend yield is -%

Power Minerals Dividend History

Ex-Div dateDividend amountDividend typePay date
2007-12-04A$0.04annually2007-12-17

Power Minerals Dividend per year

Power Minerals Dividend Yield

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

Power Minerals Financial Ratios

P/E ratio-2.47
PEG ratio-0.21
P/B ratio0.26
ROE-10.71%
Payout ratio0.00%
Current ratio1.61
Quick ratio1.61
Cash Ratio0.24

Power Minerals Dividend FAQ

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