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Southern Cross Gold Ltd engages in the exploration and development of precious and base mineral interests in Australia. It holds interest 100% interest in the Sunday Creek project consisting of two granted exploration licenses and one granted retention license covering an area of 19,365 hectares located north of Melbourne in Victoria; and 100% interest in the Mt Isa project, which holds seven exploration prospecting licenses covers an area of 861 square kilometers located in the Cloncurry district of Mt Isa Queensland, Australia. In, addition it holds 70% interest in the Redcastle project comprising three granted exploration licenses; and has the option to acquire 70% interest in the Whroo project consisting of six granted exploration licenses and one granted retention license located in Victoria, Australia. The company was incorporated in 2021 and is based in Melbourne, Australia. Southern Cross Gold Ltd is a subsidiary of Mawson Gold Limited.

Southern Cross Gold Dividend Announcement

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

Southern Cross Gold Dividend History

Southern Cross Gold Dividend Yield

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

Southern Cross Gold Financial Ratios

P/E ratio-58.48
PEG ratio1.80
P/B ratio15.35
ROE-29.82%
Payout ratio0.00%
Current ratio9.32
Quick ratio9.32
Cash Ratio9.16

Southern Cross Gold Dividend FAQ

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