Erdene Resource Development (TSX:ERD) Dividend Payout Ratio : 0.00 (As of Sep. 2024)

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What is Erdene Resource Development Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Erdene Resource Development's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Erdene Resource Development's Dividend Payout Ratio or its related term are showing as below:

TSX:ERD's Dividend Payout Ratio is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.38
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-11), the Dividend Yield % of Erdene Resource Development is 0.00%.

Erdene Resource Development's Dividends per Share for the months ended in Sep. 2024 was C$0.00.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Erdene Resource Development Dividend Payout Ratio Historical Data

The historical data trend for Erdene Resource Development's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Erdene Resource Development Dividend Payout Ratio Chart

Erdene Resource Development Annual Data

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Dividend Payout Ratio

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Erdene Resource Development Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Erdene Resource Development's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Erdene Resource Development's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Erdene Resource Development's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Erdene Resource Development's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Erdene Resource Development's Dividend Payout Ratio falls into.

Erdene Resource Development Dividend Payout Ratio Calculation

Erdene Resource Development's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	Earnings per Share (Diluted) (A: Dec. 2023 )
	=	0	/	0.002
	=	0.00

Erdene Resource Development's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0	/	-0.005
	=	N/A

Erdene Resource Development (TSX:ERD) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Erdene Resource Development Dividend Payout Ratio Related Terms

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Erdene Resource Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Erdene Resource Development Corp (TSX:ERD) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

ERDCF:USA E8KA:Germany E8KA:Germany

Address

99 Wyse Road, Metropolitan Place, Suite 1480, Dartmouth, NS, CAN, B3A 4S5

Website

https://www.erdene.com

Erdene Resource Development Corp is a Canadian-based resource exploration company. It is primarily engaged in the exploration and development of precious metals and mineral deposits in Mongolia. The company's project consists of Bayan Khundii, Altan Nar, Zuun Mod, and Khuvyn Khar. The Bayan Khundii and Altan Nar project is located within the Tian-Shan copper-gold belt in southwest Mongolia from the Chinese border city of Ceke. The Zuun Mod project is located within 200 kilometers of China's border in Mongolia's Bayankhongor Province. The Khuvyn Khar copper-silver project is located on the Zuun Mod property.

Executives

David Vaughn Mosher	Director
2176423 Ontario Ltd.	10% Security Holder
Eric Sprott	10% Security Holder
Robert Jenkins	Senior Officer
Peter Akerley	Director, Senior Officer
European Bank For Reconstruction And Development	10% Security Holder
John Christopher Cowan	Director
John Philip Byrne	Director

Erdene Resource Development Headlines

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