Magmatic Resources Ltd

NEW
ASX:MAG (Australia)  
A$ 0.029 +0.0030 (+11.54%) Jul 3
At Loss
P/B:
1.61
Market Cap:
A$ 14.56M ($ 10.09M)
Enterprise V:
A$ 8.85M ($ 6.13M)
Volume:
265.69K
Avg Vol (2M):
783.83K
Trade In:
Volume:
265.69K
At Loss
Avg Vol (2M):
783.83K

Magmatic Resources Ltd (ASX:MAG) Dividend

Magmatic Resources Ltd (ASX:MAG) does not currently pay a regular dividend. Over the past 3 years it has returned capital to shareholders via buybacks at a rate of -20.2%. View its historical dividend record below and compare with dividend-paying peers.

Frequently Asked Questions: ASX:MAG Dividend

Does Magmatic Resources Ltd (ASX:MAG) pay a dividend?

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

Why doesn't Magmatic Resources Ltd pay a dividend?

Companies typically forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. Magmatic Resources Ltd has returned capital to shareholders via buybacks at a rate of -20.2% over the past 3 years.

What are dividend-paying alternatives to Magmatic Resources Ltd?

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