Teck Resources Dividends and Buybacks
Dividend criteria checks 2/6
Teck Resources is a dividend paying company with a current yield of 1.66% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 13th December, 2024.
Key information
1.7%
Dividend yield
2.4%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | -13.7% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$1.000 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Calculating The Intrinsic Value Of Teck Resources Limited (TSE:TECK.B)
Aug 31
Analysts Just Slashed Their Teck Resources Limited (TSE:TECK.B) EPS Numbers
Jul 11Calculating The Fair Value Of Teck Resources Limited (TSE:TECK.B)
Jun 01Be Wary Of Teck Resources (TSE:TECK.B) And Its Returns On Capital
May 14What Teck Resources Limited's (TSE:TECK.B) P/E Is Not Telling You
Apr 11Teck Resources (TSE:TECK.B) Has A Somewhat Strained Balance Sheet
Feb 12Teck Resources Limited (TSE:TECK.B) Shares Could Be 23% Below Their Intrinsic Value Estimate
Jan 22Earnings Not Telling The Story For Teck Resources Limited (TSE:TECK.B)
Jan 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TECK.B's dividend payments have been volatile in the past 10 years.
Growing Dividend: TECK.B's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Teck Resources Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TECK.B) | 1.7% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.3% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (TECK.B) (up to 3 years) | 1.0% |
Notable Dividend: TECK.B's dividend (1.66%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: TECK.B's dividend (1.66%) is low compared to the top 25% of dividend payers in the Canadian market (6.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), TECK.B's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TECK.B is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 16:18 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Teck Resources Limited is covered by 57 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harriet Li | Accountability Research Corporation |
| Ishan Majumdar | Baptista Research |
| Farooq Hamed | Barclays |