Ning Yue Acquires 4,135 Shares of Yancoal Australia Ltd (ASX:YAL) Stock

Yancoal Australia Ltd (ASX:YAL) insider Ning Yue acquired 4,135 shares of the stock in a transaction dated Friday, March 7th. The stock was bought at an average cost of A$5.97 ($3.78) per share, with a total value of A$24,694.22 ($15,629.25).

Yancoal Australia Stock Performance

The company has a quick ratio of 2.91, a current ratio of 2.59 and a debt-to-equity ratio of 1.54. The stock has a market cap of $7.68 billion, a P/E ratio of 6.05, a P/E/G ratio of -2.17 and a beta of 0.24.

Yancoal Australia Increases Dividend

The firm also recently declared 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%. This is an increase from Yancoal Australia’s previous Final dividend of $0.33. The ex-dividend date of this dividend is Wednesday, March 12th. Yancoal Australia’s dividend payout ratio (DPR) is presently 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.