Yancoal Australia Ltd (ASX:YAL) Raises Dividend to $0.52 Per Share

Yancoal Australia Ltd (ASX:YAL) announced a final dividend on Friday, February 21st, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, April 29th will be paid a dividend of 0.52 per share on Tuesday, April 29th. This represents a yield of 8.8%. The ex-dividend date of this dividend is Wednesday, March 12th. This is a 60.0% increase from Yancoal Australia’s previous final dividend of $0.33.

Yancoal Australia Price Performance

The company has a debt-to-equity ratio of 1.54, a current ratio of 2.59 and a quick ratio of 2.91. The stock has a market capitalization of $7.68 billion, a P/E ratio of 6.05, a PEG ratio of -2.17 and a beta of 0.24.

Yancoal Australia Company Profile

Yancoal Australia Ltd engages in the exploration, development, production, and marketing of metallurgical and thermal coal in Australia, China, Japan, Taiwan, South Korea, Europe, Malaysia, Vietnam, Thailand, India, Chile, Indonesia, Cambodia, and Bangladesh. The company owns a 95% interest in the Moolarben coal mine located in the Western Coalfields of New South Wales; 80% interest in the Mount Thorley and Warkworth mines located in the Hunter Valley region of New South Wales; and 51% interest in the Hunter Valley Operations located to the north-west of Singleton in the Hunter Valley region of New South Wales.