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Zenith Minerals Limited, together with its subsidiaries, engages in the exploration of mineral properties in Australia, Turkey, Europe, and the United States. The company explores for gold, lithium, base metal, manganese, tantalum, copper, zinc, lead, and silver deposits. It holds 100% interest in the Develin Creek Copper-Zinc project; Red Mountain gold project; the Privateer gold project; and the Auburn gold project located in Queensland. In addition, the company holds 100% interest in the Split Rocks gold project covering an area of 660 square kilometers; and the Earaheedy zinc project comprising six exploration licenses covering an area of 673 square kilometers located in Western Australia. It also holds interest the Cowarra gold project consisting of one exploration licenses located between Canberra and Cooma; the Waratah Well project located in Yalgoo, Western Australia; and the Mt Ida North project located in Leonora, Western Australia. The company was formerly known as Zinc Co Australia Limited and changed its name to Zenith Minerals Limited in November 2010. Zenith Minerals Limited was incorporated in 2006 and is headquartered in West Perth, Australia.

Zenith Minerals Dividend Announcement

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

Zenith Minerals Dividend History

Zenith Minerals Dividend Yield

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

Zenith Minerals Financial Ratios

P/E ratio-3.23
PEG ratio-0.03
P/B ratio1.03
ROE-30.89%
Payout ratio0.00%
Current ratio10.66
Quick ratio10.66
Cash Ratio2.61

Zenith Minerals Dividend FAQ

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