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PYX Resources Limited engages in the exploration and development of mineral sands deposits. The company offers zircon and titanium dioxide; and by-products, such as rutile, leucoxene, and ilmenite. It holds interest in the Mandiri mineral sands deposit covering an area of 2,032 hectares located in the Central Kalimantan, Indonesia; and the Tisma mineral sands deposit covering an area of 1,500 hectares located in the Central Kalimantan, Indonesia. The company sells its zircon product in the America, Asia, and Europe. PYX Resources Limited is based in Sydney, Australia.

PYX Resources Dividend Announcement

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

PYX Resources Dividend History

PYX Resources Dividend Yield

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

PYX Resources Financial Ratios

P/E ratio-2.48
PEG ratio2.20
P/B ratio0.27
ROE-11.16%
Payout ratio0.00%
Current ratio2.02
Quick ratio1.89
Cash Ratio1.30

PYX Resources Dividend FAQ

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