SOUTH32 LTD (OTCMKTS:SOUHY) Declares None Dividend of $0.34

SOUTH32 LTD (OTCMKTS:SOUHY) announced a None dividend on Wednesday, February 21st, Zacks reports. Shareholders of record on Friday, March 9th will be given a dividend of 0.336 per share by the basic materials company on Thursday, April 5th. The ex-dividend date is Thursday, March 8th.

OTCMKTS:SOUHY traded up $0.06 on Thursday, hitting $12.44. The company’s stock had a trading volume of 38,354 shares, compared to its average volume of 48,947. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.04 and a current ratio of 2.48. SOUTH32 has a one year low of $9.43 and a one year high of $16.05.

SOUHY has been the topic of several research reports. Citigroup raised SOUTH32 from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 5th. Zacks Investment Research downgraded SOUTH32 from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 13th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $15.00.

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About SOUTH32

South32 Limited operates as a diversified metals and mining company primarily in Australia, Southern Africa, and South America. The company has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, ferronickel, silver, lead, and zinc. It also exports its products.

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