Teck Resources Limited to Issue Quarterly Dividend of $0.13 (TSE:TECK.A)

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.

Teck Resources Limited (TSE:TECK.A - Get Free Report) announced 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) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, September 15th.

Teck Resources Stock Performance

TSE TECK.A traded up C$0.29 on Thursday, reaching C$55.00. 724 shares of the stock were exchanged, compared to its average volume of 2,243. Teck Resources has a one year low of C$40.49 and a one year high of C$72.66. The firm has a market capitalization of C$26.89 billion, a PE ratio of 94.83 and a beta of 1.58. The company's 50-day simple moving average is C$48.89 and its two-hundred day simple moving average is C$51.15. The company has a current ratio of 1.48, a quick ratio of 0.97 and a debt-to-equity ratio of 37.46.

Teck Resources Company Profile

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.