New Hope Co. Limited (ASX:NHC – Get Free Report) declared a interim dividend on Tuesday, April 9th, MarketIndexAU reports. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.17 per share on Tuesday, April 30th. This represents a dividend yield of 3.56%. The ex-dividend date is Sunday, April 14th.
New Hope Stock Performance
The company has a debt-to-equity ratio of 3.45, a current ratio of 4.07 and a quick ratio of 2.43.
Insider Transactions at New Hope
In related news, insider Lucia Stocker acquired 10,500 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The shares were purchased at an average price of A$4.60 ($3.05) per share, for a total transaction of A$48,289.50 ($31,979.80). In other New Hope news, insider Thomas Millner bought 100,000 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The shares were bought at an average cost of A$4.69 ($3.11) per share, with a total value of A$469,200.00 ($310,728.48). Also, insider Lucia Stocker bought 10,500 shares of the business’s stock in a transaction that occurred on Tuesday, March 26th. The stock was acquired at an average cost of A$4.60 ($3.05) per share, for a total transaction of A$48,289.50 ($31,979.80). Company insiders own 1.69% of the company’s stock.
New Hope Company Profile
New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. It operates through three segments: Coal Mining in Queensland, Coal Mining in New South Wales, and Other. The company holds interests in two open cut coal mines that produces thermal coal, which include the New Acland project located in Oakey, Queensland; and the Bengalla mine situated in the Hunter Valley region of New South Wales.
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