Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, Energy, and Corporate segments. The company's principal products include steelmaking coal; copper, gold, blended bitumen, lead, silver, molybdenum, zinc, and zinc concentrates; chemicals, fertilizers, and other metals. It also produces indium and germanium. In addition, the company holds interest in Frontier oil sands projects in the Athabasca region of Alberta; and owns interests in exploration and development projects in Australia, Chile, Ireland, Mexico, Peru, Turkey, and the United States. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada.
Teck Resources Dividend Announcement
• Teck Resources announced a quarterly dividend of $0.09 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-13
• Teck Resources annual dividend for 2024 was $0.73
• Teck Resources annual dividend for 2023 was $0.73
• Teck Resources's trailing twelve-month (TTM) dividend yield is 1.56%
• Teck Resources's payout ratio for the trailing twelve months (TTM) is 105.10%
• Teck Resources's dividend growth over the last five years (2018-2023) was 27.71% year
• Teck Resources's dividend growth over the last ten years (2013-2023) was -2.02% year
Teck Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.09 | quarterly | 2024-12-31 |
2024-09-13 | $0.46 | quarterly | 2024-09-27 |
2024-06-17 | $0.09 | quarterly | 2024-06-28 |
2024-03-14 | $0.09 | quarterly | 2024-03-28 |
2023-12-14 | $0.09 | quarterly | 2023-12-29 |
2023-09-14 | $0.09 | quarterly | 2023-09-29 |
2023-06-14 | $0.09 | quarterly | 2023-06-30 |
2023-03-14 | $0.46 | quarterly | 2023-03-31 |
2022-12-14 | $0.09 | quarterly | 2022-12-30 |
2022-09-14 | $0.10 | quarterly | 2022-09-29 |
2022-06-14 | $0.10 | quarterly | 2022-06-30 |
2022-03-14 | $0.49 | quarterly | 2022-03-31 |
2021-12-14 | $0.04 | quarterly | 2021-12-31 |
2021-09-14 | $0.04 | quarterly | 2021-09-29 |
2021-06-14 | $0.04 | quarterly | 2021-06-30 |
2021-03-12 | $0.05 | quarterly | 2021-03-31 |
2020-12-14 | $0.04 | quarterly | 2020-12-31 |
2020-09-14 | $0.04 | quarterly | 2020-09-30 |
2020-06-12 | $0.04 | quarterly | 2020-06-30 |
2020-03-12 | $0.04 | quarterly | 2020-03-31 |
2019-12-12 | $0.04 | quarterly | 2019-12-31 |
2019-09-12 | $0.04 | quarterly | 2019-09-30 |
2019-06-13 | $0.04 | quarterly | 2019-06-28 |
2019-03-14 | $0.05 | quarterly | 2019-03-29 |
2018-12-13 | $0.10 | quarterly | 2018-12-31 |
2018-09-13 | $0.04 | quarterly | 2018-09-28 |
2018-06-14 | $0.04 | quarterly | 2018-06-29 |
2018-03-14 | $0.04 | quarterly | 2018-03-29 |
2017-12-14 | $0.35 | quarterly | 2017-12-29 |
2017-09-14 | $0.05 | quarterly | 2017-09-29 |
2017-06-13 | $0.07 | quarterly | 2017-06-30 |
2016-12-13 | $0.04 | quarterly | 2016-12-30 |
2016-06-13 | $0.04 | quarterly | 2016-06-30 |
2015-12-10 | $0.04 | quarterly | 2015-12-30 |
2015-06-11 | $0.15 | quarterly | 2015-07-02 |
2014-12-11 | $0.45 | quarterly | 2015-01-02 |
2014-06-12 | $0.45 | quarterly | 2014-07-02 |
2013-12-12 | $0.45 | quarterly | 2014-01-02 |
2013-06-12 | $0.45 | quarterly | 2013-07-02 |
Teck Resources Dividend per year
Teck Resources Dividend growth
Teck Resources Dividend Yield
Teck Resources current trailing twelve-month (TTM) dividend yield is 1.56%. Interested in purchasing Teck Resources stock? Use our calculator to estimate your expected dividend yield:
Teck Resources Financial Ratios
Teck Resources Dividend FAQ
Other factors to consider when evaluating Teck Resources 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: Teck Resources'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, Teck Resources 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, Teck Resources 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 Teck Resources 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: Teck Resources 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, Teck Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Teck Resources 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 Teck Resources'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 Teck Resources'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.