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Resource Development Group Limited provides contracting, remedial, and construction services to the resource, infrastructure, energy, government, utilities, and defense sectors in Australia. The company offers multi-disciplinary construction and remedial services, such as civil, SMPT, E&I, and non-process infrastructure building works; ancillary and protective maintenance services; EPCM, PMC, or integrated team project delivery solutions; EPC project delivery solutions; design and construct package delivery solutions; and optimizing services comprising debottlenecking existing operations. It also holds interest in the Ant Hill and Sunday Hill manganese project; the Lucky Bay Garnet project and associated power infrastructure project, including seven wind turbines; and offers construction and plant modification services. The company was incorporated in 2011 and is headquartered in Perth, Australia. Resource Development Group Limited operates as a subsidiary of Mineral Resources Limited.

Resource Development Dividend Announcement

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

Resource Development Dividend History

Resource Development Dividend Yield

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

Resource Development Financial Ratios

P/E ratio4.01
PEG ratio-0.09
P/B ratio0.52
ROE13.82%
Payout ratio0.00%
Current ratio1.00
Quick ratio0.78
Cash Ratio0.20

Resource Development Dividend FAQ

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