Home Markets Dividend Growth of Teck Resources Ltd(TECK)

Dividend Growth of Teck Resources Ltd(TECK)


Teck Resources Ltd(TECK) is having a Dividend Yield of 0.33% with the Annual cash Dividend per share of $0.08. The last quarter cash dividend per share pay out was $0.04. Teck Resources Ltd has a 5 year average dividend yield of 3.04% and the stock has a Indicated annual dividend of $0.07. Teck Resources Ltd(TECK) formally announced its most recent dividend on November 23, 2016 with a Dividend per share of $0.04. The new indicated annual dividend based on announced dividend per share is $0.07. The dividend yield based on the forward looking indicated annual dividend is 0.33%. Teck Resources Ltd(TECK) has the most recent dividend payout ratio of 0.32 with a 5-year average payout ratio of 0.55. The 5 year historical dividend growth of Teck Resources Ltd(TECK) is at the rate of -45.18% while the R-Squared dividend growth is 0.7. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Teck Resources Ltd (NYSE:TECK) witnessed a decline in the market cap on Thursday as its shares dropped 5.57% or 1.25 points. After the session commenced at $22.47, the stock reached the higher end at $22.48 while it hit a low of $20.68. With the volume soaring to 12,553,770 shares, the last trade was called at $21.19. The company has a 52-week high of $33.76. The company has a market cap of $12,216 million and there are 576,500,000 shares in outstanding. The 52-week low of the share price is $4.42. Teck Resources Limited has lost 9.64% in the last five trading days and dropped 10.63% in the last 4 weeks. Teck Resources Limited has dropped 8.31% during the last 3-month period . Year-to-Date the stock performance stands at 5.79%.

Institutional Investors own 44.5% of Teck Resources Ltd shares.

Teck Resources Limited is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy. It is a world leader in the production of copper, metallurgical coal and zinc, a significant producer of gold, molybdenum and specialty metals, with interests in several oil sands development assets. Headquartered in Vancouver, Canada, the company has expertise across the full range of activities related to mining, including exploration, development, smelting, refining, safety, environmental protection, product stewardship, recycling and research. The Company is actively exploring in countries throughout the Americas, Asia Pacific, Europe and Africa. Teck Resources Limited, formerly Teck Cominco Limited, is headquartered in Vancouver, Canada.



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