Table of Contents

company-logo

Rey Resources Limited engages in exploring for and developing energy resources in Western Australia. The company holds a 100% interest in the Derby Block EP487; and a 20% interest in the Canning Basin petroleum permits EP457 and EP458 (Fitzroy Blocks). It also holds a 100% interest in the Lennard Shelf Blocks, which comprises a petroleum exploration license EP104, a retention license R1, and one production license L15 in the Canning Basin. In addition, the company holds 100% interests in the Duchess Paradise Coal Project located in the Canning Basin. Further, it holds 20% interest in 7 conventional gas production licenses in Surat Gas Project located in Surat Basin, Queensland. The company was incorporated in 2004 and is based in Sydney, Australia.

Rey Resources Dividend Announcement

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

Rey Resources Dividend History

Rey Resources Dividend Yield

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

Rey Resources Financial Ratios

P/E ratio-810.66
PEG ratio-55.41
P/B ratio0.71
ROE-0.06%
Payout ratio0.00%
Current ratio0.33
Quick ratio0.33
Cash Ratio0.32

Rey Resources Dividend FAQ

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