Thungela Resources Limited (LON:TGA) to Issue Dividend of GBX 46.48

Thungela Resources Limited (LON:TGA - Get Free Report) announced a dividend on Monday, March 17th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be paid a dividend of GBX 46.48 ($0.60) per share on Monday, May 12th. This represents a dividend yield of 9.41%. The ex-dividend date of this dividend is Thursday, April 24th. This is a 440.5% increase from Thungela Resources's previous dividend of $8.60. The official announcement can be accessed at this link.

Thungela Resources Trading Down 1.3 %

Shares of TGA traded down GBX 6.20 ($0.08) during mid-day trading on Friday, reaching GBX 469.80 ($6.07). The stock had a trading volume of 126,827 shares, compared to its average volume of 129,888. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.89 and a quick ratio of 3.53. Thungela Resources has a 52-week low of GBX 429.80 ($5.55) and a 52-week high of GBX 636.50 ($8.22). The business's fifty day moving average is GBX 524.76 and its 200 day moving average is GBX 529.83. The firm has a market cap of £14.81 billion, a price-to-earnings ratio of 4.53 and a beta of -0.87.

Thungela Resources Company Profile

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