Teck Resources (Teck Resources) Dividend Payout Ratio

: 0.09 (As of Dec. 2023)

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Teck Resources's dividend payout ratio for the months ended in Dec. 2023 was 0.09.

The historical rank and industry rank for Teck Resources's Dividend Payout Ratio or its related term are showing as below:

TECK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.06 Max: 1.33
Current: 0.19

During the past 13 years, the highest Dividend Payout Ratio of Teck Resources was 1.33. The lowest was 0.04. And the median was 0.06.

TECK's Dividend Payout Ratio is ranked better than
80.23% of 263 companies
in the Metals & Mining industry
Industry Median: 0.42 vs TECK: 0.19

As of today (2024-04-20), the Dividend Yield % of Teck Resources is 0.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Teck Resources was 13.04%. The lowest was 0.29%. And the median was 0.94%.

Teck Resources's Dividends per Share for the months ended in Dec. 2023 was $0.09.

During the past 12 months, Teck Resources's average Dividends Per Share Growth Rate was 100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 71.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 36.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Teck Resources was 115.40% per year. The lowest was -51.90% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Teck Resources Dividend Payout Ratio Historical Data

The historical data trend for Teck Resources's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Teck Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.07

0.19

0.04

0.06

0.19

Teck Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.12	0.35	0.10	0.16	0.09

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Teck Resources's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Teck Resources Dividend Payout Ratio Distribution

For the Metals & Mining industry and Basic Materials sector, Teck Resources's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Teck Resources's Dividend Payout Ratio falls into.

Teck Resources Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Teck Resources's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.745	/	3.839
	=	0.19

Teck Resources's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.093	/	1.044
	=	0.09

Teck Resources (NYSE:TECK) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Teck Resources Dividend Payout Ratio Related Terms

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Teck Resources (Teck Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teck Resources Ltd (NYSE:TECK) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TCKRF:USA TECK:Mexico TEKB:Germany TECK.B:Canada TECK.A:Canada

Address

550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3

Website

https://www.teck.com

Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.