Teck Resources (TECK) Declares $0.10 Quarterly Dividend; 1-time 100% Dividend Increase

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Go back to Teck Resources (TECK) Declares $0.10 Quarterly Dividend; 1-time 100% Dividend Increase

Teck Doubles Dividend and Announces Dividend Policy

April 26, 2017 3:31 AM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/26/17 -- Teck Resources Limited ("Teck", TSX: TECK.A and TECK.B, NYSE: TECK) announced today that Teck's Board of Directors has established a new dividend policy, and in accordance with that policy Teck will pay on June 30, 2017 an initial eligible dividend of $0.10 per share on its outstanding Class A common shares and Class B subordinate voting shares, to shareholders of record at the close of business on June 15, 2017.

The new dividend policy reflects Teck's commitment to return cash to shareholders in balance with the needs and... More