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Scorpion Minerals Limited engages in the exploration of mineral resources in Australia. The company holds interest in the Pharos lithium, gold and base metals project covering an area of 1,544 square kilometers located in the Murchison, Western Australia; and the Mt Mulcahy Copper located in the Murchison, Western Australia. The company was formerly known as Pegasus Metals Limited and changed its name to Scorpion Minerals Limited in November 2018. Scorpion Minerals Limited was incorporated in 2005 and is based in Balcatta, Australia.

Scorpion Minerals Dividend Announcement

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

Scorpion Minerals Dividend History

Scorpion Minerals Dividend Yield

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

Scorpion Minerals Financial Ratios

P/E ratio-1.72
PEG ratio-0.02
P/B ratio1.30
ROE-69.41%
Payout ratio0.00%
Current ratio0.33
Quick ratio0.33
Cash Ratio0.22

Scorpion Minerals Dividend FAQ

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