Thungela Resources Limited engages in the mining and production of thermal coal in South Africa. The company owns interests in and produces its thermal coal from seven mining operations in the Mpumalanga province of South Africa, including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Rietvlei colliery. It also exports its products to Indian, Asian, SEA, the Middle East, and North African markets. The company was founded in 1945 and is based in Johannesburg, South Africa.
Thungela Resources Dividend Announcement
• Thungela Resources announced a semi annually dividend of $0.01 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-18 • Thungela Resources annual dividend for 2024 was $0.52 • Thungela Resources annual dividend for 2023 was $2.73 • Thungela Resources's trailing twelve-month (TTM) dividend yield is 8.12% • Thungela Resources's payout ratio for the trailing twelve months (TTM) is 119.76%
Thungela Resources current trailing twelve-month (TTM) dividend yield is 8.12%. Interested in purchasing Thungela Resources stock? Use our calculator to estimate your expected dividend yield:
Thungela Resources Financial Ratios
P/E ratio2.08
PEG ratio0.00
P/B ratio0.65
ROE30.98%
Payout ratio119.76%
Current ratio1.89
Quick ratio1.55
Cash Ratio0.91
Thungela Resources Dividend FAQ
How much is the next Thungela Resources dividend?
Thungela Resources's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Thungela Resources dividend. The next Thungela Resources dividend will be released in April, or September.
When is Thungela Resources dividend paid?
Thungela Resources pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Thungela Resources pay?
The specific amount of Thungela Resources dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Thungela Resources's dividend history.
Does Thungela Resources stock pay dividends?
Yes, Thungela Resources does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Thungela Resources's dividend history.
How much dividend does Thungela Resources pay?
Thungela Resources paid $0.524 in 2024, $2.725 in 2023, $4.483 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Thungela Resources pay dividends?
Thungela Resources typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and September.
What is Thungela Resources's dividend yield?
The current dividend yield for Thungela Resources is 8.12%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Thungela Resources's exact dividend yield.
When does Thungela Resources go ex dividend?
Thungela Resources's ex-dividend date for the latest dividend was on 2024-09-18. Thungela Resources typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Thungela Resources dividend paid?
Thungela Resources pays dividends on a semi annually basis, typically around April, or September, but the exact dates can vary each year.
Will Thungela Resources increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Thungela Resources will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Thungela Resources dividend per share?
Thungela Resources paid $0.524 per share in 2024 and $2.725 per share in 2023. The amount of dividend per share that Thungela Resources pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Thungela Resources a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Thungela Resources a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Thungela Resources a dividend stock?
Yes, Thungela Resources is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Thungela Resources a good dividend stock?
Whether Thungela Resources is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Thungela Resources has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Thungela 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.
Does Thungela Resources pay dividends monthly?
Thungela Resources typically pays dividends on a semi annually basis.
Does Thungela Resources pay dividends quarterly?
Thungela Resources currently pays dividends on a semi annually basis.
Has Thungela Resources ever paid a dividend?
Yes, Thungela Resources has a history of paying dividends to its shareholders. Thungela Resources is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Thungela Resources dividend stocks?
To buy Thungela Resources you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Thungela Resources stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Thungela Resources pay dividends 2024?
Thungela Resources pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Thungela Resources increase its dividend in 2024?
Decisions regarding Thungela Resources dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Thungela Resources dividend overview you can look into the above table of dividend history.
How Thungela Resources dividend works?
The Thungela Resources dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Thungela Resources's dividend process works:
1. Determination of Dividend: Thungela 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, Thungela 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, Thungela 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 Thungela 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.
How are Thungela Resources dividends paid?
Thungela Resources dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Thungela 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, Thungela 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: Thungela 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.
How many times does Thungela Resources pay dividends?
Thungela Resources typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Thungela Resources pay dividends?
The general pattern is that Thungela Resources pays dividends around April, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Thungela Resources dividend safe?
The safety of Thungela Resources's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Thungela 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 Thungela 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.