South32 Limited (OTCMKTS:SOUHY) Announces Dividend Increase - $0.17 Per Share

South32 Limited (OTCMKTS:SOUHY - Get Free Report) declared a dividend on Thursday, February 13th,NASDAQ Dividends reports. Stockholders of record on Friday, March 7th will be paid a dividend of 0.17 per share by the basic materials company on Thursday, April 3rd. The ex-dividend date of this dividend is Friday, March 7th. This is a positive change from South32's previous dividend of $0.14.

South32 Stock Up 0.4 %

Shares of SOUHY stock traded up $0.05 during mid-day trading on Tuesday, hitting $11.61. 72,834 shares of the stock traded hands, compared to its average volume of 97,217. The company has a quick ratio of 1.85, a current ratio of 2.39 and a debt-to-equity ratio of 0.15. The company's 50-day simple moving average is $10.77 and its 200-day simple moving average is $11.14. South32 has a twelve month low of $9.00 and a twelve month high of $13.34.

Wall Street Analyst Weigh In

Separately, Citigroup lowered South32 from a "strong-buy" rating to a "hold" rating in a research note on Thursday, December 12th.

South32 Company Profile

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.