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QX Resources Limited engages in the exploration and exploitation of mineral properties in Queensland and Western Australia. The company primarily explores for gold and base metals, including nickel. The company was formerly known as Hipo Resources Limited and changed its name to QX Resources Limited in October 2020. QX Resources Limited was incorporated in 2010 and is based in West Perth, Australia.

QX Resources Dividend Announcement

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

QX Resources Dividend History

QX Resources Dividend Yield

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

QX Resources Financial Ratios

P/E ratio-3.16
PEG ratio-0.16
P/B ratio0.90
ROE-27.28%
Payout ratio0.00%
Current ratio2.79
Quick ratio2.83
Cash Ratio2.27

QX Resources Dividend FAQ

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