On 17 October, Peabody announced that its board of directors has declared a quarterly dividend of US$0.13 per share on the company's common stock, payable on 21 November 2018 to shareholders of record on 31 October 2018.
Given the company's share repurchases, the dividend announcement reflects an increase of nearly 4% over last quarter's dividend per share, while maintaining dividend cash outflows consistent with last quarter.
Peabody is the leading global pure-play coal company and a member of the Fortune 500, serving power and steel customers in more than 25 countries on six continents.
Read the article online at: https://www.worldcoal.com/coal/18102018/peabody-announces-quarterly-dividend/
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The Energy Information Administration expects production of all fossil fuels – crude oil, coal, dry natural gas, and natural gas plant liquids – to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.
