Thungela Resources Limited (LON:TGA) Plans Dividend Increase – GBX 41.82 Per Share

Thungela Resources Limited (LON:TGAGet Free Report) declared a dividend on Monday, March 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, April 18th will be paid a dividend of GBX 41.82 ($0.53) per share on Tuesday, May 7th. This represents a dividend yield of 9.43%. The ex-dividend date of this dividend is Thursday, April 18th. This is a positive change from Thungela Resources’s previous dividend of $41.22. The official announcement can be accessed at this link.

Thungela Resources Trading Up 6.0 %

LON TGA opened at GBX 498 ($6.34) on Tuesday. The stock has a market capitalization of £681.76 million, a price-to-earnings ratio of 139.47 and a beta of -0.79. The stock’s 50 day moving average price is GBX 498.14 and its two-hundred day moving average price is GBX 615.82. The company has a debt-to-equity ratio of 0.60, a quick ratio of 3.53 and a current ratio of 3.53. Thungela Resources has a 52 week low of GBX 414.40 ($5.28) and a 52 week high of GBX 970.80 ($12.36).

Thungela Resources Company Profile

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Thungela Resources Limited engages in the mining and production of thermal coal in South Africa. It owns interests in and produces its thermal coal from mining operations in the Mpumalanga province of South Africa, including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Rietvlei colliery.

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Dividend History for Thungela Resources (LON:TGA)

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