Texas Mineral Resources Corp. acquires, explores, and develops mineral properties in the United States. It primarily holds interests in the Round Top rare earth-uranium- project covering 950 acres in Hudspeth County, Texas; and prospecting permits covering 9,345 acres adjacent to the Round Top project. The company was formerly known as Texas Rare Earth Resources Corp. and changed its name to Texas Mineral Resources Corp. in March 2016. Texas Mineral Resources Corp. was incorporated in 1970 and is headquartered in Sierra Blanca, Texas.
Texas Mineral Resources Dividend Announcement
• Texas Mineral Resources does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Texas Mineral Resources dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Texas Mineral Resources Dividend History
Texas Mineral Resources Dividend Yield
Texas Mineral Resources current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Texas Mineral Resources stock? Use our calculator to estimate your expected dividend yield:
Texas Mineral Resources Financial Ratios
Texas Mineral Resources Dividend FAQ
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.
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