Yancoal Australia Ltd to Issue Interim Dividend of $0.10 (ASX:YAL)

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Yancoal Australia Ltd (ASX:YAL) declared a interim dividend on Thursday, August 22nd, MarketIndexAU reports. Stockholders of record on Friday, September 20th will be given a dividend of 0.104 per share on Friday, September 20th. This represents a dividend yield of 3.47%. The ex-dividend date of this dividend is Thursday, September 5th.

Yancoal Australia stock opened at A$2.91 ($2.06) on Tuesday. The firm has a 50 day moving average price of A$3.30. Yancoal Australia has a 1 year low of A$2.60 ($1.84) and a 1 year high of A$4.55 ($3.23). The company has a debt-to-equity ratio of 57.78, a current ratio of 1.12 and a quick ratio of 0.86. The firm has a market capitalization of $3.84 billion and a P/E ratio of 3.57.

In other news, insider Fucun Wang 298,350 shares of the business’s stock in a transaction that occurred on Friday, June 28th.

Yancoal Australia Company Profile

Yancoal Australia Ltd Engages in the exploration, development, production, and marketing of metallurgical and thermal coal in Japan, Singapore, China, South Korea, Taiwan, Thailand, Australia, and internationally. It owns 81% interests in the Moolarben coal mine located in the Western Coalfields of New South Wales; 100% interests in the Stratford Duralie mines located within the New South Wales Gloucester Basin; 100% interests in the Yarrabee mine located to the northeast of Blackwater in Central Queensland's Bowen Basin; 50% interests in the Middlemount mine located to the north-east of Emerald in Queensland's Bowen Basin; and 80% interests in the Mount Thorley mine and 84.5% interests in the Warkworth mine in the Hunter Valley region of New South Wales.

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