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Tantalex Lithium Resources Corp. engages in the acquisition, exploration, development, and distribution of lithium, tantalum, cobalt, tin, and other mineral properties in Africa. It primarily holds interest in the Manono-Kitotolo Lithium Tailings project located at Manono in the province of Tanganyika, the Democratic Republic of Congo; and Lubule Tantulum and Tin project. The company was formerly known as Tantalex Resources Corporation and changed its name to Tantalex Lithium Resources Corp. in May 2022. Tantalex Lithium Resources Corp. was incorporated in 2009 and is headquartered in Toronto, Canada.

Tantalex Lithium Resources Dividend Announcement

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

Tantalex Lithium Resources Dividend History

Tantalex Lithium Resources Dividend Yield

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

Tantalex Lithium Resources Financial Ratios

P/E ratio-0.88
PEG ratio0.60
P/B ratio-0.50
ROE55.61%
Payout ratio0.00%
Current ratio0.07
Quick ratio0.07
Cash Ratio0.06

Tantalex Lithium Resources Dividend FAQ

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