Adavale Resources Ltd

NEW
ASX:ADD (Australia)  
A$ 0.041 +0.0010 (+2.5%) Aug 21
At Loss
P/B:
10.25
Market Cap:
A$ 16.16M ($ 11.58M)
Enterprise V:
A$ 14.96M ($ 10.72M)
Volume:
272.48K
Avg Vol (2M):
454.86K
Trade In:
Volume:
272.48K
At Loss
Avg Vol (2M):
454.86K

Adavale Resources Ltd (ASX:ADD) Dividend

Adavale Resources Ltd (ASX:ADD) does not currently pay a regular dividend. Over the past 3 years it has returned capital to shareholders via buybacks at a rate of -83.1%. View its historical dividend record below and compare with dividend-paying peers.

Frequently Asked Questions: ASX:ADD Dividend

Does Adavale Resources Ltd (ASX:ADD) pay a dividend?

Adavale Resources Ltd (ASX:ADD) does not currently pay a regular dividend. Review the historical record above for any past dividend payments or capital return policies.

Why doesn't Adavale Resources Ltd pay a dividend?

Companies typically forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. Adavale Resources Ltd has returned capital to shareholders via buybacks at a rate of -83.1% over the past 3 years.

What are dividend-paying alternatives to Adavale Resources Ltd?

For dividend-paying alternatives in Adavale Resources Ltd's sector, view dividend stocks by industry on GuruFocus's dividend stock screener.