Macarthur Minerals Limited (MIO) is an iron ore development, gold and lithium exploration company that is focused on bringing to production its 100% owned Western Australia iron ore projects. The Lake Giles Iron Project includes the 80 million tonne Ularring hematite resource (approved for development) and the 710 million tonne Moonshine magnetite resource. The Company has secured a binding Life-of-Mine Off-Take Agreement with Glencore International A.G. and is focused on commercializing its iron ore projects utilizing mining, processing and logistics infrastructure in the region and is progressing towards completing a bankable feasibility study. The Company also has established multiple project areas in the Pilbara, Western Australia for conglomerate gold, hard rock greenstone gold, hard rock lithium and nickel. Macarthur Minerals also has significant lithium brine placer claims in the Railroad Valley, Nevada, USA.
Macarthur Minerals Limited operators in Materials sector and under industry of Diversified Metals & Mining. The company website is: http://www.macarthurminerals.com.
The most recent MIO dividend details are as follows: ex-dividend date: 12/03/2013. This dividend is 2.12 cents. Franking percentage is: 0%. The payment date for this dividend is 19/04/2013.
Based on our analysis, from 2010, Macarthur Minerals Limited pays dividend 5 times. Total dividend is 13.84 cents. Average dividend is 2.77 cents. Maximum dividend is 3.46 cents while minimum dividend is 2.12 cents. We believe using more recent dividend history can provide better dividend analysis for a company.
You can also check out dividend history for similar stocks in the same sector as follows:
MIO Dividend Dates
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Dividend Growth Chart
A picture is better than thousands of words. The following chart shows you MIO dividend growth over the years