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Taruga Minerals Limited explores for mineral properties in Australia. It primarily explores for gold, copper, silver, lithium, cobalt, zinc, lead, base, and precious metal deposits. The company holds 100% interests in the Torrens iron-oxide-copper-gold project, the Flinders project, and the Mt Craig Copper project situated in South Australia. It also holds 100% interests in the Meekatharra project located in the Murchison region of Western Australia; and the Manjimup Base Metal project situated in the southwest region of Western Australia. The company was formerly known as Taruga Gold Limited and changed its name to Taruga Minerals Limited in June 2018. Taruga Minerals Limited was incorporated in 2011 and is based in Perth, Australia.

Taruga Minerals Dividend Announcement

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

Taruga Minerals Dividend History

Taruga Minerals Dividend Yield

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

Taruga Minerals Financial Ratios

P/E ratio-0.63
PEG ratio-0.01
P/B ratio2.70
ROE-139.73%
Payout ratio0.00%
Current ratio10.00
Quick ratio10.11
Cash Ratio9.80

Taruga Minerals Dividend FAQ

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