Newport Exploration (TSE:NWX) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Newport Exploration Ltd. announced a significant after-tax royalty payment of AUD$957,963 for the November 2023 to January 2024 quarter, received from Beach Energy Ltd. This income, net of Australian withholding tax, contributes to the company’s robust financial position of CDN$2.5 million in reserves, with an upcoming dividend payout and a commitment to regular dividends for shareholders while maintaining a debt-free status.
For further insights into TSE:NWX stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue