GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teck Resources Ltd (NYSE:TECK) » Definitions » 3-Year Dividend Growth Rate

Teck Resources (Teck Resources) 3-Year Dividend Growth Rate

: 71.00% (As of Dec. 2023)
View and export this data going back to 1991. Start your Free Trial

Teck Resources's Dividends per Share for the three months ended in Dec. 2023 was $0.09.

The historical rank and industry rank for Teck Resources's 3-Year Dividend Growth Rate or its related term are showing as below:

TECK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -51.9   Med: 14.5   Max: 115.4
Current: 71

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Teck Resources was 115.40% per year. The lowest was -51.90% per year. And the median was 14.50% per year.

TECK's 3-Year Dividend Growth Rate is ranked better than
84.07% of 182 companies
in the Metals & Mining industry
Industry Median: 23.55 vs TECK: 71.00

During the past 12 months, Teck Resources's average Dividends Per Share Growth Rate was 100.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 71.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 36.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Teck Resources's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.09. As of today, Teck Resources's Dividend Yield % is 0.81%.

Warning Sign:

Teck Resources Ltd stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Teck Resources's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Teck Resources 3-Year Dividend Growth Rate Distribution

For the Metals & Mining industry and Basic Materials sector, Teck Resources's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Teck Resources's 3-Year Dividend Growth Rate falls into.



Teck Resources 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Teck Resources  (NYSE:TECK) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Teck Resources's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.093/ 1.044
=0.09

During the past 13 years, the highest Dividend Payout Ratio of Teck Resources was 1.33. The lowest was 0.04. And the median was 0.06.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Teck Resources Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1252024-03-142024-03-152024-03-28Cash DividendquarterlyCAD:USD 0.738242
CAD 0.1252023-12-142023-12-152023-12-29Cash DividendquarterlyCAD:USD 0.754720
CAD 0.1252023-09-142023-09-152023-09-29Cash DividendquarterlyCAD:USD 0.735808
CAD 0.1252023-06-142023-06-152023-06-30Cash DividendquarterlyCAD:USD 0.755744

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Teck Resources's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.37306425/45.86
=0.81 %

Current Share Price is $45.86.
Teck Resources's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.37306425.

During the past 13 years, the highest Dividend Yield of Teck Resources was 13.04%. The lowest was 0.29%. And the median was 0.94%.

Warning Sign:

Teck Resources Ltd stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Teck Resources 3-Year Dividend Growth Rate Related Terms>


Teck Resources (Teck Resources) Business Description

Address
550 Burrard Street, Suite 3300, Vancouver, BC, CAN, V6C 0B3
Teck is a diversified miner with coal, copper, and zinc operations in Canada, the United States, Chile, and Peru. Metallurgical coal is Teck's primary commodity in terms of EBITDA contribution, followed by copper and zinc. Teck is the world's second-largest exporter of seaborne metallurgical coal and is a top-three zinc miner. Its major new copper mine in Chile at the majority-owned Quebrada Blanca 2, in partnership with Sumitomo, will drive an increase in Teck's attributable copper production by roughly 80%. Along with a number of additional copper growth options, Teck's strategy is to rebalance its portfolio to low carbon metals such as copper. It sold its oil sands business in early 2023 and has agreed to sell its coal business, with the deal likely closing in the third quarter of 2024.

Teck Resources (Teck Resources) Headlines