Magnetite Mines Ltd

NEW
ASX:MGT (Australia)  
A$ 0.018 (0%) Sep 22
At Loss
P/B:
0.10
Market Cap:
A$ 3.88M ($ 2.76M)
Enterprise V:
A$ 3.67M ($ 2.61M)
Volume:
14.88K
Avg Vol (2M):
203.41K
Trade In:
Volume:
14.88K
At Loss
Avg Vol (2M):
203.41K

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.