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Stanmore Resources Limited engages in the exploration, development, production, and sale of metallurgical coal in Australia. The company holds interests in the Isaac Plains, Isaac Downs, Isaac South, Clifford, The Range, Mackenzie, Belview, Tennyson, and Lilyvale projects in the Bowen and Surat basins of Queensland, as well as 50% interests in the Millennium and Mavis Downs mine located near Moranbah, Queensland. It also exports its products. The company was formerly known as Stanmore Coal Limited and changed its name to Stanmore Resources Limited in May 2021. The company was incorporated in 2008 and is headquartered in Brisbane, Australia. Stanmore Resources Limited is a subsidiary of Golden Investments (Australia) Pte. Ltd.

Stanmore Resources Dividend Announcement

• Stanmore Resources announced a semi annually dividend of $0.03 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-09-03
• Stanmore Resources annual dividend for 2024 was $0.11
• Stanmore Resources annual dividend for 2023 was $0.06
• Stanmore Resources's trailing twelve-month (TTM) dividend yield is 6.15%
• Stanmore Resources's payout ratio for the trailing twelve months (TTM) is 47.97%

Stanmore Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-03$0.03semi annually2024-09-18
2024-03-01$0.08semi annually
2023-12-04$0.06semi annually2023-12-14

Stanmore Resources Dividend per year

Stanmore Resources Dividend Yield

Stanmore Resources current trailing twelve-month (TTM) dividend yield is 6.15%. Interested in purchasing Stanmore Resources stock? Use our calculator to estimate your expected dividend yield:

Stanmore Resources Financial Ratios

P/E ratio6.02
PEG ratio0.06
P/B ratio0.91
ROE15.38%
Payout ratio47.97%
Current ratio1.10
Quick ratio0.84
Cash Ratio0.57

Stanmore Resources Dividend FAQ

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