company-logo

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

P/E ratio-16.01
PEG ratio38.59
P/B ratio16.12
ROE-82.66%
Payout ratio0.00%
Current ratio13.18
Quick ratio13.18
Cash Ratio12.20

Texas Mineral Resources Dividend FAQ

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