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Rimfire Pacific Mining Limited engages in the exploration and evaluation of mineral deposits in Australia. The company explores for gold, copper, platinum group elements, cobalt, lead, nickel, zinc, and silver deposits. It primarily holds interests in the contiguous tenement package spanning of 915 square kilometers within the East Lachlan Fold Belt of New South Wales. The company was incorporated in 1988 and is headquartered in Melbourne, Australia.

Rimfire Pacific Mining Dividend Announcement

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

Rimfire Pacific Mining Dividend History

Rimfire Pacific Mining Dividend Yield

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

Rimfire Pacific Mining Financial Ratios

P/E ratio-57.80
PEG ratio-0.58
P/B ratio4.90
ROE-8.38%
Payout ratio0.00%
Current ratio0.91
Quick ratio0.91
Cash Ratio0.66

Rimfire Pacific Mining Dividend FAQ

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