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TerraCom Limited engages in the exploration and extraction of coal in Australia and South Africa. The company explores for hard and soft coking, thermal, and PCI coal. Its flagship property is the Blair Athol coal mine located in Clermont, Queensland. The company also holds interests in the Northern Galilee project comprising the Hughenden and the Pentland properties covering an area of approximately 2,160 square kilometers; the Clyde Park project that covers an area of approximately 133 square kilometers located in the Galilee Basin, Queensland; and the Springsure project covering an area of approximately 1,178 square kilometers located in the Central-Western Bowen basin coal mining district, Queensland. In addition, it holds interests in the Kangala Colliery property; the New Clydesdale Colliery project; the Berenice project; the Ubuntu Colliery; the North Block Complex Colliery project; the Arnot South; the Cygnus project; and the Eloff project located in South Africa. The company was formerly known as Guildford Coal Limited and changed its name to TerraCom Limited in November 2015. TerraCom Limited was founded in 2009 and is based in Clermont, Australia.

TerraCom Dividend Announcement

• TerraCom announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2023-09-28. Ex dividend date: 2023-09-11
• TerraCom annual dividend for 2023 was $0.09
• TerraCom's trailing twelve-month (TTM) dividend yield is -%
• TerraCom's payout ratio for the trailing twelve months (TTM) is 97.63%

TerraCom Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-09-11$0.02quarterly2023-09-28
2023-06-08$0.02quarterly2023-06-27
2023-03-08$0.05quarterly2023-03-23
2022-11-23$0.02quarterly2022-12-09
2022-09-02$0.02quarterly2022-09-19

TerraCom Dividend per year

TerraCom Dividend Yield

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

TerraCom Financial Ratios

P/E ratio1.62
PEG ratio0.11
P/B ratio1.19
ROE76.94%
Payout ratio97.63%
Current ratio0.65
Quick ratio0.53
Cash Ratio0.11

TerraCom Dividend FAQ

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