Magnetite Mines Ltd

NEW
ASX:MGT (Australia)  
A$ 0.018 (0%) Aug 24
At Loss
P/B:
0.09
Market Cap:
A$ 4.10M ($ 2.94M)
Enterprise V:
A$ 3.89M ($ 2.79M)
Volume:
178.49K
Avg Vol (2M):
431.23K
Trade In:
Volume:
178.49K
At Loss
Avg Vol (2M):
431.23K

Magnetite Mines Ltd (ASX:MGT) Dividend

Magnetite Mines Ltd (ASX:MGT) does not currently pay a regular dividend. Over the past 3 years it has returned capital to shareholders via buybacks at a rate of -16.2%. View its historical dividend record below and compare with dividend-paying peers.

Frequently Asked Questions: ASX:MGT Dividend

Does Magnetite Mines Ltd (ASX:MGT) pay a dividend?

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

Why doesn't Magnetite Mines Ltd pay a dividend?

Companies typically forgo dividends to reinvest earnings into growth, R&D, acquisitions, or share buybacks. Magnetite Mines Ltd has returned capital to shareholders via buybacks at a rate of -16.2% over the past 3 years.

What are dividend-paying alternatives to Magnetite Mines Ltd?

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