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Strike Resources Limited operates as a mineral exploration company in Australia, Argentina, and Peru. The company primarily explores for iron ore, graphite, gold, and lithium deposits. Its flagship project is the Apurimac magnetite iron ore project covering an area of approximately 72,800 hectares located in the Southern Highlands of Peru. The company was incorporated in 1999 and is based in West Perth, Australia.

Strike Resources Dividend Announcement

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

Strike Resources Dividend History

Strike Resources Dividend Yield

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

Strike Resources Financial Ratios

P/E ratio10.53
PEG ratio0.11
P/B ratio1.19
ROE13.61%
Payout ratio0.00%
Current ratio6.64
Quick ratio6.64
Cash Ratio5.82

Strike Resources Dividend FAQ

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