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Silver Mines Limited primarily engages in the acquisition, exploration, and development of silver projects in Australia. It operates through two segments, Mining and Exploration Operations, and Agricultural Operations. The company also explores for copper, gold, lead, zinc, and polymetallic deposits. Its properties include Bowdens Silver Project, which has silver and polymetallic prospects covering an area of 1,950 square kilometers located in the Central Tablelands Region, New South Wales; the Barabolar Project consists of copper, gold, and silver prospects located in the Macquarie Arc in New South Wales; and Tuena Project with gold and silver prospects, which is located 80 kilometers south of the city of Orange in New South Wales. Silver Mines Limited was incorporated in 2004 and is based in Sydney, Australia.

Silver Mines Dividend Announcement

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

Silver Mines Dividend History

Silver Mines Dividend Yield

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

Silver Mines Financial Ratios

P/E ratio-80.17
PEG ratio-22.83
P/B ratio1.29
ROE-1.69%
Payout ratio0.00%
Current ratio10.42
Quick ratio10.07
Cash Ratio9.59

Silver Mines Dividend FAQ

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