Teck Resources Ltd Dividend yield

 Price  51.17
 Dividend  0.50
 Earnings  5.62
 Cash-flow  8.53
 Book value  46.52
 Equity  42.26

Teck Resources Ltd is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Teck Resources Ltd is a company from Canada, and his stocks are publicly traded.

Teck Resources Ltd paid a total dividend of 253 million CAD last year, for a market value of 25,841 millions (Market Cap 22,806 millions). Dividend per share of Teck Resources Ltd is 0.50 CAD, and his stock market price 51.17 CAD.

According to the chart below, where dividend yield is displayed, Teck Resources Ltd has a dividend yield of 0.98%, lower than the amount offered by both the market average and companies from Canada. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Teck Resources Ltd dividend yield with other Industrial Metals and Mining companies or firms from Canada.

Dividend yield of Teck Resources Ltd

Teck Resources Ltd Dividend Payout

About the ability of Teck Resources Ltd to maintain his current dividend of CAD 0.50 per share, an amount that accounts for 0.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Teck Resources Ltd payout on ernings is currently 8.90%, which is lower than the market average and companies of Basic Materials industry, which are 41.22% and 44.27% respectively. Both figures lead us to believe that there is confidence that Teck Resources Ltdcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Teck Resources Ltd is CAD 8.53 per share, which is higher than the dividend per share paid by the company of CAD 0.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Teck Resources Ltd, compared againt world market average, Canada companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Teck Resources Ltd payout

Teck Resources Ltd Dividend History

Year Yield  CAD  Paypout  Shares* 

*In millions

Teck Resources Ltd Stock performance

Finally, last moth Teck Resources Ltd showed a return of 2.60% compared to a worldwide -2.30% average, and a -2.88% of Basic Materials firms. Over the last year, the company obtained a 40.50% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Canada and Industrial Metals and Mining firms.

Teck Resources Ltd stock and market return