Quay Magnesium
Stock Code
Stock Exchange
Quay Magnesium (QMG) has a first-class magnesium refinery in China. The plant works well, is de-bottlenecked and produces high-grade automotive alloys. Built for less than $30M, the initial capacity with one casting line was 15,000tpa. Capacity is now 25,000tpa for a total capital cost of around $50M. QMG has received quality approval from Chrysler LLC. QMG has a Heads of Agreement to acquire 49% of two Chinese Mg plants.
Examine the list of historical dividends for Quay Magnesium. Dividends are a portion of company profits paid out to shareholders. If Quay Magnesium Limited has announced a dividend, you may be eligible to receive QMG dividends if the investor the company's stock on the ex-dividend date. Investors must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.
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