Yancoal Australia Ltd (ASX:YAL) Insider Purchases A$24,694.22 in Stock

Yancoal Australia Ltd (ASX:YAL) insider Ning Yue acquired 4,135 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was acquired at an average cost 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 market cap of $7.68 billion, a P/E ratio of 6.05, a PEG ratio of -2.17 and a beta of 0.24. The company has a current ratio of 2.59, a quick ratio of 2.91 and a debt-to-equity ratio of 1.54.

Yancoal Australia Increases Dividend

The company also recently announced a Final dividend, which will be paid on Tuesday, April 29th. Shareholders of record on Tuesday, April 29th will be issued a $0.52 dividend. This represents a yield of 8.8%. This is a positive change from Yancoal Australia’s previous Final dividend of $0.33. The ex-dividend date of this dividend is Wednesday, March 12th. Yancoal Australia’s dividend payout ratio is 67.71%.

Yancoal Australia Company Profile

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.