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Dragon Mining (ASX:DRA) Forward Dividend Yield % : 0.00% (As of May. 01, 2024)


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What is Dragon Mining Forward Dividend Yield %?

As of today (2024-05-01), the Forward Annual Dividend Yield of Dragon Mining is 0.00%.

As of today (2024-05-01), the Trailing Annual Dividend Yield of Dragon Mining is 0.00%.

ASX:DRA's Forward Dividend Yield % is not ranked *
in the Metals & Mining industry.
Industry Median: 2.35
* Ranked among companies with meaningful Forward Dividend Yield % only.

Dragon Mining's Dividends per Share for the six months ended in Dec. 2023 was A$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Dragon Mining's Forward Dividend Yield %

For the Gold subindustry, Dragon Mining's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dragon Mining's Forward Dividend Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Dragon Mining's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dragon Mining's Forward Dividend Yield % falls into.



Dragon Mining Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Dragon Mining  (ASX:DRA) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Dragon Mining Forward Dividend Yield % Related Terms

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Dragon Mining (ASX:DRA) Business Description

Traded in Other Exchanges
Address
39 Mends Street, Unit 202, Level 2, South Perth, Perth, WA, AUS, 6151
Dragon Mining Ltd is principally engaged in gold exploration, mining, and processing in the Nordic region. The company's operating segments are Sweden and Finland. Dragon Mining (Sweden) AB produces gold bullion from the Svartliden Production Centre and processed ore from test-mining activities at the Faboliden Gold Mine. Dragon Mining Oy in Finland produces gold concentrate from the Vammala Production Centre and processed ore from the Jokisivu, Kaapelinkulma, and Orivesi Gold Mines.

Dragon Mining (ASX:DRA) Headlines

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