Yancoal Australia Ltd (ASX:YAL) Insider Acquires A$24,694.22 in Stock

Yancoal Australia Ltd (ASX:YAL) insider Ning Yue acquired 4,135 shares of Yancoal Australia stock in a transaction that occurred on Friday, March 7th. The shares were purchased at an average price of A$5.97 ($3.76) per share, for a total transaction of A$24,694.22 ($15,530.96).

Yancoal Australia Stock Performance

The company has a market cap of $7.68 billion, a price-to-earnings ratio of 6.05, a price-to-earnings-growth ratio of -2.17 and a beta of 0.24. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.91 and a current ratio of 2.59.

Yancoal Australia Increases Dividend

The firm also recently disclosed a Final dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 29th will be given a dividend of $0.52 per share. This represents a dividend yield of 8.8%. The ex-dividend date of this dividend is Wednesday, March 12th. This is an increase from Yancoal Australia’s previous Final dividend of $0.33. Yancoal Australia’s dividend payout ratio is currently 67.71%.

Yancoal Australia Company Profile

Yancoal Australia Ltd engages in the exploration, development, production, and marketing of metallurgical and thermal coal in Australia, China, Japan, Taiwan, South Korea, Europe, Malaysia, Vietnam, Thailand, India, Chile, Indonesia, Cambodia, and Bangladesh. The company owns a 95% interest in the Moolarben coal mine located in the Western Coalfields of New South Wales; 80% interest in the Mount Thorley and Warkworth mines located in the Hunter Valley region of New South Wales; and 51% interest in the Hunter Valley Operations located to the north-west of Singleton in the Hunter Valley region of New South Wales.