Magmatic Resources Ltd

NEW
ASX:MAG (Australia)  
A$ 0.027 -0.0010 (-3.57%) Aug 26
At Loss
P/B:
1.50
Market Cap:
A$ 14.06M ($ 10.10M)
Enterprise V:
A$ 8.34M ($ 5.99M)
Volume:
100.00K
Avg Vol (2M):
330.25K
Trade In:
Volume:
100.00K
At Loss
Avg Vol (2M):
330.25K

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.