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Tantalex Lithium Resources (XCNQ:TTX) Dividend Payout Ratio : 0.00 (As of Aug. 2024)


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What is Tantalex Lithium Resources 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. Tantalex Lithium Resources's Dividend Payout Ratio for the months ended in Aug. 2024 was 0.00.

The historical rank and industry rank for Tantalex Lithium Resources's Dividend Payout Ratio or its related term are showing as below:


XCNQ:TTX's Dividend Payout Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 0.39
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-12-13), the Dividend Yield % of Tantalex Lithium Resources is 0.00%.

Tantalex Lithium Resources's Dividends per Share for the months ended in Aug. 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.


Tantalex Lithium Resources Dividend Payout Ratio Historical Data

The historical data trend for Tantalex Lithium Resources'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.

* Premium members only.

Tantalex Lithium Resources Dividend Payout Ratio Chart

Tantalex Lithium Resources Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Dividend Payout Ratio
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Tantalex Lithium Resources Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of Tantalex Lithium Resources's Dividend Payout Ratio

For the Other Industrial Metals & Mining subindustry, Tantalex Lithium Resources'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.


Tantalex Lithium Resources's Dividend Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tantalex Lithium Resources's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tantalex Lithium Resources's Dividend Payout Ratio falls into.



Tantalex Lithium Resources Dividend Payout Ratio Calculation

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.

Tantalex Lithium Resources's Dividend Payout Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Feb. 2024 )/ EPS without NRI (A: Feb. 2024 )
=0/ -0.032
=N/A

Tantalex Lithium Resources's Dividend Payout Ratio for the quarter that ended in Aug. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Aug. 2024 )/ EPS without NRI (Q: Aug. 2024 )
=0/ -0.003
=N/A

* 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.


Tantalex Lithium Resources (XCNQ:TTX) 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.


Tantalex Lithium Resources Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Tantalex Lithium Resources's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tantalex Lithium Resources Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, M5H 1T1
Tantalex Lithium Resources Corp is a mining exploration and development company. It is engaged in the acquisition, exploration, development, and distribution of lithium, tin, tantalum, and other high-tech mineral properties in Africa. Its projects comprise Manono Tailings, Pegmatite Corridor Exploration, and Titan. It has one operating segment being the sector of exploration and evaluation of mineral resources.
Executives
Simon Matthew Collins Deemed Insider - 6 Months before becoming Insider
Musk Ventures Ltd. 10% Security Holder
Michel Lebeuf Senior Officer

Tantalex Lithium Resources Headlines

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