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VANCOUVER - Teck Resources Limited (TSX:TECK.A and TECK.B, NYSE:TECK), a Canadian mining company with a market capitalization of $18.49 billion, has declared a dividend for its shareholders. The company announced that a dividend of $0.125 per share will be paid on June 30, 2025, to shareholders of record as of the close of business on June 16, 2025. This continues Teck’s impressive track record of maintaining dividend payments for 16 consecutive years, with a current yield of 0.99%.
The dividend applies to both Class A common shares and Class B subordinate voting shares. This move reflects Teck’s ongoing commitment to providing value to its shareholders while maintaining its operations across North and South America. According to InvestingPro, the company operates with a moderate level of debt and maintains strong liquidity, with a healthy current ratio of 2.88.
Teck Resources is recognized for its portfolio of copper and zinc mining operations and has a significant pipeline of copper projects. The company emphasizes responsible growth and resilience, underpinned by a foundation of stakeholder trust.
The mining firm, headquartered in Vancouver, Canada, is known for its focus on supplying metals that are essential for economic development and the energy transition. Teck’s shares are publicly traded on the Toronto Stock Exchange and the New York Stock Exchange.
This dividend declaration is a part of Teck’s financial strategy and is based on the company’s performance and outlook. As a leading resource company, Teck continues to navigate the market dynamics while aiming to deliver sustainable shareholder returns.
The information regarding the dividend declaration is based on a press release statement from Teck Resources Limited.
In other recent news, Teck Resources Ltd. reported its first-quarter 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.60, compared to the forecasted $0.37. The company’s revenue reached $2.29 billion, exceeding the anticipated $2.25 billion. Significant growth in the copper and zinc segments contributed to these strong financial results. The company’s adjusted EBITDA more than doubled to $927 million, showcasing Teck’s strategic focus on key segments. Additionally, Teck Resources remains optimistic about its future prospects, expecting the QB2 copper mine to reach full production by the end of the year. The company is targeting copper production of 490,000 to 565,000 tonnes and zinc production of 525,000 to 575,000 tonnes for the year. Teck is also continuing its $3.25 billion share buyback program and exploring near-term copper projects with potential investments of $3.2 to $3.9 billion.
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