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Savannah Goldfields Limited explores for, evaluates, and develops gold and coal tenements in Australia and New Zealand. The company holds 100% interest in the Agate Creek gold project covering an area of approximately 1,034 square kilometers located in north Queensland; and the New Zealand gold project, which comprises an exploration permit covering an area of 58 square kilometers situated in the Hauraki Goldfield. It also holds interest in the Ashford coking coal project covering an area of 14 square kilometers located in New South Wales. The company was formerly known as Laneway Resources Limited and changed its name to Savannah Goldfields Limited in October 2022. Savannah Goldfields Limited was incorporated in 1986 and is based in Brisbane, Australia.

Savannah Goldfields Dividend Announcement

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

Savannah Goldfields Dividend History

Savannah Goldfields Dividend Yield

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

Savannah Goldfields Financial Ratios

P/E ratio-0.19
PEG ratio-0.01
P/B ratio0.53
ROE-169.54%
Payout ratio0.00%
Current ratio0.12
Quick ratio0.07
Cash Ratio0.00

Savannah Goldfields Dividend FAQ

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