Ning Yue Buys 4,135 Shares of Yancoal Australia Ltd (ASX:YAL) Stock

Yancoal Australia Ltd (ASX:YAL) insider Ning Yue acquired 4,135 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The stock was bought at an average price of A$5.97 ($3.76) per share, for a total transaction of A$24,694.22 ($15,530.96).

Yancoal Australia Price Performance

The company has a current ratio of 2.59, a quick ratio of 2.91 and a debt-to-equity ratio of 1.54. The stock has a market capitalization of $7.68 billion, a price-to-earnings ratio of 6.05, a P/E/G ratio of -2.17 and a beta of 0.24.

Yancoal Australia Increases Dividend

The business also recently disclosed a Final dividend, which will be paid on Tuesday, April 29th. Investors of record on Tuesday, April 29th will be given a $0.52 dividend. This represents a dividend yield of 8.8%. This is a boost from Yancoal Australia’s previous Final dividend of $0.33. The ex-dividend date is Wednesday, March 12th. Yancoal Australia’s dividend payout ratio is 67.71%.

About Yancoal Australia

Yancoal Australia Ltd engages in the exploration, development, production, and marketing of metallurgical and thermal coal in Australia, China, Japan, Taiwan, South Korea, Europe, Malaysia, Vietnam, Thailand, India, Chile, Indonesia, Cambodia, and Bangladesh. The company owns a 95% interest in the Moolarben coal mine located in the Western Coalfields of New South Wales; 80% interest in the Mount Thorley and Warkworth mines located in the Hunter Valley region of New South Wales; and 51% interest in the Hunter Valley Operations located to the north-west of Singleton in the Hunter Valley region of New South Wales.