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Reach Resources Limited engages in the exploration and evaluation of mineral resource projects in Australia. The company primarily explores for gold, as well as for nickel, cobalt, copper, and base metals. It holds interests in the Primrose gold project located in the northeast of Perth. The company was formerly known as Cervantes Corporation Limited. Reach Resources Limited was incorporated in 2001 and is headquartered in Perth, Australia.

Reach Resources Dividend Announcement

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

Reach Resources Dividend History

Reach Resources Dividend Yield

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

Reach Resources Financial Ratios

P/E ratio9.54
PEG ratio0.10
P/B ratio1.26
ROE15.79%
Payout ratio0.00%
Current ratio17.93
Quick ratio18.04
Cash Ratio17.75

Reach Resources Dividend FAQ

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