New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales. It also holds 849 square kilometers of net oil-producing acreage in nine production projects located in the Cooper-Eromanga Basin. In addition, the company engages in the farming, grazing, and land management activities; and operation of bulk handling facility comprising receiving, storage, and shipping of coal, construction sand and aggregates, chips and pellets, and mineral sands, as well as raw and processed minerals, such as bauxite, manganese, diatomite, etc. Further, it is involved in port operation and handling; logistics; and marketing activities. The company has operations in Japan, China, Taiwan, Chile, Korea, Vietnam, India, Australia, and internationally. New Hope Corporation Limited was founded in 1952 and is headquartered in Brisbane, Australia.
New Hope Dividend Announcement
• New Hope announced a semi annually dividend of $0.15 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-10-03
• New Hope annual dividend for 2024 was $0.26
• New Hope annual dividend for 2023 was $0.43
• New Hope's trailing twelve-month (TTM) dividend yield is 8.13%
• New Hope's payout ratio for the trailing twelve months (TTM) is 83.49%
New Hope Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-03 | $0.15 | semi annually | 2024-10-24 |
2024-04-15 | $0.11 | semi annually | 2024-05-01 |
2023-10-23 | $0.17 | semi annually | 2023-11-07 |
2023-04-17 | $0.26 | semi annually | 2023-05-03 |
2022-10-24 | $0.33 | semi annually | 2022-11-08 |
2018-10-19 | $0.06 | semi annually | 2018-11-06 |
2018-04-16 | $0.05 | semi annually | 2018-05-01 |
2017-10-23 | $0.05 | semi annually | 2017-11-07 |
2017-04-18 | $0.03 | semi annually | 2017-05-02 |
2016-10-17 | $0.02 | semi annually | |
2016-04-18 | $0.02 | semi annually | |
2015-10-16 | $0.05 | semi annually | |
2014-10-17 | $0.06 | semi annually | |
2014-04-11 | $0.08 | semi annually |
New Hope Dividend per year
New Hope Dividend growth
New Hope Dividend Yield
New Hope current trailing twelve-month (TTM) dividend yield is 8.13%. Interested in purchasing New Hope stock? Use our calculator to estimate your expected dividend yield:
New Hope Financial Ratios
New Hope Dividend FAQ
Other factors to consider when evaluating New Hope as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: New Hope's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, New Hope publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, New Hope distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from New Hope are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: New Hope sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, New Hope distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: New Hope declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of New Hope's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review New Hope's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.