Peabody Energy (BTU) Raises Quarterly Dividend 8.7% to $0.125; 1.1% Yield

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Peabody Increases Quarterly Dividend To $0.125 Per Share

July 19, 2018 5:00 PM EDT

ST. LOUIS, July 19, 2018 /PRNewswire/ -- Peabody (NYSE: BTU) announced today that its board of directors has declared a quarterly dividend of $0.125 per share on the company's common stock, payable on Aug. 23, 2018 to shareholders of record on Aug. 2, 2018.

Today's dividend announcement reflects an increase of nearly 10 percent over last quarter's dividend per share, in recognition of the company's strong ongoing cash flow generation.   

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... More