Thungela Resources Limited (LON:TGA – Get Free Report) announced a dividend on Monday, March 17th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be given a dividend of GBX 46.48 ($0.60) per share on Monday, May 12th. This represents a dividend yield of 9.41%. The ex-dividend date is Thursday, April 24th. This is a 440.5% increase from Thungela Resources’s previous dividend of $8.60. The official announcement can be viewed at this link.
Thungela Resources Price Performance
Shares of TGA traded down GBX 4.26 ($0.06) during midday trading on Tuesday, reaching GBX 489.14 ($6.35). The stock had a trading volume of 780,543 shares, compared to its average volume of 140,879. Thungela Resources has a 52 week low of GBX 429.80 ($5.58) and a 52 week high of GBX 636.50 ($8.27). The company has a debt-to-equity ratio of 0.51, a current ratio of 1.89 and a quick ratio of 3.53. The firm’s 50 day moving average price is GBX 531.27 and its 200-day moving average price is GBX 530.55. The company has a market capitalization of £15.42 billion, a P/E ratio of 4.72 and a beta of -0.87.
About Thungela Resources
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