Nova Minerals (Nova Minerals) Forward Dividend Yield % : 0.00% (As of Jun. 09, 2024)

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What is Nova Minerals Forward Dividend Yield %?

As of today (2024-06-09), the Forward Annual Dividend Yield of Nova Minerals is 0.00%.

As of today (2024-06-09), the Trailing Annual Dividend Yield of Nova Minerals is 0.00%.

NVAAF's Forward Dividend Yield % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 2.365
* Ranked among companies with meaningful Forward Dividend Yield % only.

Nova Minerals's Dividends per Share for the six months ended in Dec. 2023 was $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 Nova Minerals's Forward Dividend Yield %

For the Other Industrial Metals & Mining subindustry, Nova Minerals'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.

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

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

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

Nova Minerals Forward Dividend Yield % Calculation

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

Nova Minerals (OTCPK:NVAAF) 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.

Nova Minerals Forward Dividend Yield % Related Terms

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Nova Minerals (Nova Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nova Minerals Ltd (OTCPK:NVAAF) » Definitions » Forward Dividend Yield %

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Traded in Other Exchanges

QM3:Germany NVA:Australia

Address

242 Hawthorn Road, Suite 5, Caulfield, VIC, AUS, 3161

Website

https://www.novaminerals.com.au

Nova Minerals Ltd is a minerals explorer and developer focused on gold and lithium projects in North America. It has a diversified portfolio of projects across the US, Canada, and Australia. Its key projects include Nova's 6.2Moz Estelle Gold Project on Korbel Main and RPM in Alaska, which holds some of North America's largest gold deposits, and the company's majority-owned Snow Lakes Resources, a proposed zero carbon lithium spodumene project in Canada ideally located on rail access to the US Auto Alley. Nova aims to provide shareholders with diversification through exposure to base and precious metals and to capitalize on the growing demand for lithium-based energy storage.

Nova Minerals (Nova Minerals) Headlines

From GuruFocus

Global Metals and Mining Investor Conference

By PRNewswire PRNewswire • 10-19-2020