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ST. LOUIS - Coal producer Peabody (NYSE:BTU), with a market capitalization of $1.88 billion, announced Thursday that its Board of Directors has declared a quarterly dividend of $0.075 per share on its common stock, representing an annual yield of 1.95%.
The dividend will be payable on September 3, 2025, to stockholders of record as of August 14, 2025, according to a company press release.
Peabody, which produces coal for energy and steel production, maintains its regular quarterly dividend rate unchanged from previous distributions.
The company describes itself as a leading coal producer that provides products for affordable energy and steel production, with operations focused on sustainability principles.
The declaration and payment of future dividends remains at the discretion of Peabody’s Board of Directors and depends on various factors including financial results, cash flow requirements, and future business prospects.
Peabody’s announcement comes amid ongoing industry challenges as coal producers navigate energy transition pressures while maintaining shareholder returns.
In other recent news, Peabody Energy has reported a significant development regarding its planned acquisition of coal assets from Anglo American. The company has flagged a Material Adverse Change due to complications at the Moranbah North Mine, which has been non-operational following a gas ignition incident. This incident has created substantial uncertainty about the transaction, with Peabody considering terminating the agreements if the issue is not resolved soon. Additionally, UBS initiated coverage on Peabody Energy with a Neutral rating and a $14 price target. The firm noted Peabody’s strong free cash flow and leverage to coal prices but sees balanced risk versus reward. These developments highlight important considerations for investors monitoring Peabody’s strategic moves and financial performance.
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