Terracom Limited dividend – “TERRACOM LIMITED Declares 0.075 Cash Dividend”.
March 17, 2023
Dividends Yield
On March 1, 2023, TERRACOM LIMITED ($ASX:TER) announced that it would be paying out a 0.075 cash dividend to its shareholders. This dividend was in addition to the 0.15 AUD annual dividend per share that the company had offered for the 2023 to 2023 period, which yielded an average of 15.28%. This dividend offer is a great opportunity for investors interested in dividend stocks, as it makes TERRACOM LIMITED a profitable investment option. The ex-dividend date was March 8, 2023, meaning that shareholders who owned the stock prior to this date would be eligible for the dividend payout.
All shareholders should be aware of this date, as it is important to make sure that they are able to receive the dividend when it is distributed. It is important to keep in mind the ex-dividend date and the average yield of 15.28%, as these factors can influence whether or not investing in TERRACOM LIMITED is the right choice for you.
Price History
TERRACOM LIMITED declared a 0.075 cash dividend on Wednesday, the same day its stock opened at AU$0.7 and closed the same, down by 1.3% from the previous closing price of 0.8. The announcement of the dividend comes just a few weeks after TERRACOM LIMITED reported a strong quarter with higher than expected earnings. The dividend announcement did not have an immediate impact on the stock price, but it could prove to be beneficial to shareholders in the long run. The dividend will provide them with a steady stream of income, regardless of how the share price performs in the future.
This makes TERRACOM LIMITED a more attractive investment vehicle due to its steady cash flow. Investors should be aware that although TERRACOM LIMITED has declared a dividend, it could also adjust or cancel the payout depending on its financial performance. Investors who plan to hold their shares for the long term should monitor the company’s performance and decisions regarding the dividend moving forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Terracom Limited. More…
| Total Revenues | Net Income | Net Margin |
| 847.51 | 324.24 | 38.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Terracom Limited. More…
| Operations | Investing | Financing |
| 455.63 | 23.9 | -396.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Terracom Limited. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 412.42 | 246.91 | 0.21 |
Key Ratios Snapshot
Some of the financial key ratios for Terracom Limited are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 38.4% | 230.9% | 63.4% |
| FCF Margin | ROE | ROA |
| 52.8% | 215.7% | 81.4% |
Analysis
At GoodWhale, we have conducted an analysis of TERRACOM LIMITED‘s fundamentals and the outcome is quite impressive. According to our Star Chart, TERRACOM LIMITED is classified as a ‘gorilla’, which means it achieved stable and high revenue or earnings growth due to its strong competitive advantage. This type of company is especially attractive to growth investors. Additionally, TERRACOM LIMITED scores strongly in growth, and medium in asset, dividend, and profitability. Furthermore, TERRACOM LIMITED has a high health score of 7/10 with regard to its cashflows and debt, indicating that it is capable to safely ride out any crisis without the risk of bankruptcy. Thus, it is an attractive investment opportunity for investors who seek long-term growth in their portfolio. More…
Peers
The company operates the Blair Athol Mine in Central Queensland, one of Australia’s largest and most modern thermal coal mines. TerraCom also owns and operates the nearby Isaac Plains Mine. TerraCom’s main competitors are Yancoal Australia Ltd, White Energy Co Ltd, AustChina Holdings Ltd. All three companies are also listed on the ASX and are engaged in the business of mining and selling thermal coal.
– Yancoal Australia Ltd ($ASX:YAL)
Coal mining is the process of extracting coal from the ground. Coal is valued for its energy content and since the 1880s, has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from iron ore and for cement production. In the United Kingdom and South Africa, a coal mine and its structures are a colliery, a coal mine is a ‘pit’, and the above-ground structures are a ‘pit head’. In Australia, “colliery” generally refers to an underground coal mine.
Yancoal Australia Ltd is an Australian coal mining company that is majority owned by the Chinese company Yanzhou Coal Mining Company Limited. The company operates mines in New South Wales, Queensland and Western Australia.
Yancoal Australia Ltd had a market capitalisation of A$7.33 billion as of May 2020. The company’s return on equity was 38.12% for the 2019 financial year.
– White Energy Co Ltd ($ASX:WEC)
White Energy Co Ltd is a coal company that operates primarily in Australia and the United States. The company has a market capitalization of 12.37 million as of 2022 and a return on equity of -411.54%. White Energy Co Ltd produces a range of thermal and metallurgical coal products. Its thermal coal is used in power generation, while its metallurgical coal is used in steelmaking. The company’s operations are focused on the production of high-quality, low-ash thermal coal and low- phosphorous, high-grade metallurgical coal. White Energy Co Ltd also owns and operates a coal-to-liquids plant in the United States.
– AustChina Holdings Ltd ($ASX:AUH)
AustChina Holdings Ltd is a holding company that operates in the financial sector. The company has a market capitalization of 13.24M as of 2022 and a return on equity of 0.62%. AustChina Holdings Ltd operates in the following segments: banking, insurance, asset management, and other financial services. The company offers a range of banking products and services to retail and corporate customers in China. These include savings accounts, time deposits, personal loans, credit cards, and foreign exchange services. The company also provides a range of insurance products, including life, health, and property and casualty insurance. In addition, AustChina Holdings Ltd offers asset management services to institutional and individual investors. The company was founded in 2006 and is headquartered in Beijing, China.
Summary
TERRACOM LIMITED is a suitable stock for investors interested in investing in dividend stocks. An analysis of their performance over the 2023 to 2023 period shows that they offer an annual dividend per share of 0.15 AUD, with an average yield of 15.28%. This makes them an attractive option for those looking to build long-term wealth through dividend stock investments, as their high yield is likely to generate regular income and capital appreciation over time.
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