Teck Announces Dividend

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) declared a dividend of $0.05 per share on its Class A and Class B shares.

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Rhea-AI Sentiment

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Rhea-AI Summary

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) declared a dividend of $0.05 per share on its Class A and Class B shares. This dividend will be paid on September 30, 2020, to shareholders on record as of September 15, 2020. Teck is a diversified resource company specializing in copper, steelmaking coal, zinc, and energy, with a commitment to responsible mining.

Positive

Declared a dividend of $0.05 per share, reflecting company confidence in financial stability.
Dividend payment scheduled for September 30, 2020, providing income for shareholders.

Negative

None.

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News Market Reaction – TECK

The recorded move for TECK in the trading session of this news was +3.14%.

Data tracked by StockTitan Argus. Session date unavailable.

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08/25/2020 - 06:42 PM EDT

VANCOUVER, British Columbia, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that it will pay an eligible dividend of $0.05 per share on its outstanding Class A common shares and Class B subordinate voting shares on September 30, 2020, to shareholders of record at the close of business on September 15, 2020.

About Teck
Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources.

Investor Contact:
Fraser Phillips
Senior Vice President, Investor Relations & Strategic Analysis
604.699.4621
fraser.phillips@teck.com

Media Contact:
Chris Stannell
Public Relations Manager
604.699.4368
chris.stannell@teck.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Teck Resources in 2020?

Teck Resources announced a dividend of $0.05 per share for 2020.

When is the dividend payment date for Teck Resources?

The dividend will be paid on September 30, 2020.

What is the record date for Teck Resources' dividend?

The record date for the dividend is September 15, 2020.

How frequently does Teck Resources pay dividends?

The frequency of dividends is typically quarterly, but investors should check for specific announcements.

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