Peabody Increases Quarterly Dividend Per Share To $0.145
ST. LOUIS, Aug. 7, 2019 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that its board of directors has declared a quarterly dividend of $0.145 per share on the company's common stock, payable on Sept. 11, 2019 to shareholders of record on Aug. 21, 2019.
Today's dividend announcement is a $0.005 per share increase from the prior quarter and represents the fourth increase to the company's dividend per share in just over a year. Since initiation, the company's dividend per share has increased approximately 26 percent in recognition of continued strong cash flows.
Peabody (NYSE: BTU) is the leading global pure-play coal company and a member of the Fortune 500, serving power and steel customers in more than 25 countries on six continents. The company offers significant scale, high-quality assets, and diversity in geography and products. Peabody is guided by seven core values: safety, customer focus, leadership, people, excellence, integrity and sustainability. For further information, visit PeabodyEnergy.com.
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