South32 Limited (OTCMKTS:SOUHY) Increases Dividend to $0.17 Per Share

South32 Limited (OTCMKTS:SOUHYGet Free Report) announced a dividend on Thursday, February 13th, NASDAQ Dividends reports. Shareholders of record on Friday, March 7th will be given a dividend of 0.17 per share by the basic materials company on Thursday, April 3rd. The ex-dividend date of this dividend is Friday, March 7th. This is a boost from South32’s previous dividend of $0.14.

South32 Stock Performance

Shares of SOUHY stock opened at $10.95 on Wednesday. The company’s fifty day simple moving average is $10.93 and its 200-day simple moving average is $11.28. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.39 and a quick ratio of 1.85. South32 has a 52 week low of $9.00 and a 52 week high of $13.34.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised South32 from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 13th.

Read Our Latest Analysis on South32

About South32

(Get Free Report)

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.

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Dividend History for South32 (OTCMKTS:SOUHY)

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