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Teck Resources Limited (TSE:TECK.A) Plans $0.13 Quarterly Dividend

Teck Resources logo with Basic Materials background

Key Points

  • Teck Resources Limited announced a quarterly dividend of C$0.13 per share, to be paid on September 29th to shareholders recorded as of September 29th.
  • The company's stock price increased by C$0.69 to reach C$58.36, with a market capitalization of C$28.53 billion.
  • Teck is a major diversified miner, ranking as the world's second-largest exporter of seaborne metallurgical coal and a top-three zinc miner, with significant operations in multiple countries.
  • MarketBeat previews top five stocks to own in October.

Teck Resources Limited (TSE:TECK.A - Get Free Report) declared a quarterly dividend on Monday, September 15th, TickerTech Dividends reports. Shareholders of record on Monday, September 29th will be given a dividend of 0.125 per share on Monday, September 29th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, September 15th.

Teck Resources Stock Performance

Shares of TSE:TECK.A traded up C$0.69 on Friday, hitting C$58.36. The company had a trading volume of 2,505 shares, compared to its average volume of 2,156. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 37.46. The stock has a 50 day moving average price of C$48.75 and a 200 day moving average price of C$51.20. Teck Resources has a 1-year low of C$40.49 and a 1-year high of C$72.66. The stock has a market cap of C$28.53 billion, a price-to-earnings ratio of 100.62 and a beta of 1.58.

About Teck Resources

(Get Free Report)

Teck is a diversified miner with coal, copper, zinc, and oil sands operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, closely followed by copper, with zinc and oil sands contributing smaller amounts to earnings. Teck ranks as the world's second- largest exporter of seaborne metallurgical coal and is a top-three zinc miner.

Further Reading

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