Thungela Resources Limited (TGA) to Issue Dividend of GBX 41.22 on October 9th

Thungela Resources Limited (LON:TGA) announced a dividend on Monday, August 21st, Upcoming.Co.Uk reports. Investors of record on Thursday, September 21st will be paid a dividend of GBX 41.22 ($0.51) per share on Monday, October 9th. This represents a dividend yield of 7.48%. The ex-dividend date is Thursday, September 21st. The official announcement can be accessed at this link.

Thungela Resources Price Performance

Shares of TGA opened at GBX 718.20 ($8.90) on Tuesday. The firm has a 50-day simple moving average of GBX 605.99 and a two-hundred day simple moving average of GBX 688.86. The stock has a market cap of £983.22 million, a PE ratio of 207.74 and a beta of -0.75. Thungela Resources has a 1-year low of GBX 503.42 ($6.24) and a 1-year high of GBX 1,932 ($23.93). The company has a debt-to-equity ratio of 0.60, a current ratio of 3.53 and a quick ratio of 3.53.

Thungela Resources Company Profile

Thungela Resources Limited engages in the mining and production of thermal coal in South Africa. It owns interests in and produces its thermal coal from 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.