Magma Metals Dividends

Study the dividend history for MAGMA METALS LIMITED.. A taxable payment declared by a company's board of directors and given to its shareholders out of the company's current or retained earnings, usually quarterly. Dividends are usually given as cash (cash dividend), but they can also take the form of stock (stock dividend) or other property. Dividends provide an incentive to own stock in stable companies even if they are not experiencing much growth. Companies are not required to pay dividends. You are eligible to receive MMW dividends if you own the MAGMA METALS LIMITED. shares on the ex-dividend date. Traders and investors must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the MMW dividend if you buy the stocks on or after the ex dividend date. The Pay Date, Payment Date, Payout Date or the Date Payable is the day when the dividend is paid to shareholders via cheque or bank transfer.

MAGMA METALS LIMITED. (ASX:MMW) shares can be traded by share traders on the Australian Securities Exchange (ASX). The publicly listed company, MAGMA METALS LIMITED. is in the Materials industry. Magma Metals (MMW) was incorporated in June 2005 to undertake exploration, discovery and development of precious and base metals mineral deposits in Australia and Canada.

What does "Franking %" mean? The Franked percentage is a part of Australia's dividend imputation. The imputation is designed to avoid double taxation of a company's profits at company level and at the investor level. You can read more in this informative guide at Wikipedia.

Need more information about dividends? Have a read of dividend dates explained and a dividend yield strategy you may use, or learn about dividend reinvestment plans.