Peabody has announced that its board of directors has declared a quarterly dividend of US$0.125 per share on the company's common stock, payable on 23 August 2018 to shareholders of record on 2 August 2018.
The 19 July dividend announcement reflects an increase of nearly 10% over last quarter's dividend per share, in recognition of the company's strong ongoing cash flow generation.
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. Peabody offers significant scale, high quality assets, and diversity in geography and products. The company is guided by seven core values: safety, sustainability, leadership, customer focus, integrity, excellence and people.
Read the article online at: https://www.worldcoal.com/coal/20072018/peabodys-quarterly-dividend-grows/