Equatorial Resources (ASX:EQX) Forward Dividend Yield % : 0.00% (As of Apr. 26, 2024)

View and export this data going back to 1987. Start your Free Trial

What is Equatorial Resources Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Equatorial Resources is 0.00%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Equatorial Resources is 0.00%.

ASX:EQX's Forward Dividend Yield % is not ranked ^*
in the Steel industry.
Industry Median: 2.84
* Ranked among companies with meaningful Forward Dividend Yield % only.

Equatorial Resources'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 Equatorial Resources's Forward Dividend Yield %

For the Steel subindustry, Equatorial Resources'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.

Equatorial Resources's Forward Dividend Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Equatorial Resources's Forward Dividend Yield % distribution charts can be found below:

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

Equatorial Resources Forward Dividend Yield % Calculation

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

Equatorial Resources (ASX:EQX) 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.

Equatorial Resources Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Equatorial Resources's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Equatorial Resources (ASX:EQX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Equatorial Resources Ltd (ASX:EQX) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 The Esplanade, Level 9, BGC Centre, Perth, WA, AUS, 6000

Website

https://www.equatorialresources.com.au

Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.