South32 Limited (OTCMKTS:SOUHY – Get Free Report) declared a dividend on Friday, August 30th, NASDAQ reports. Shareholders of record on Friday, September 20th will be given a dividend of 0.1426 per share by the basic materials company on Thursday, October 17th. The ex-dividend date of this dividend is Friday, September 20th. This is an increase from South32’s previous dividend of $0.02.
South32 Trading Up 1.0 %
South32 stock opened at $10.83 on Wednesday. South32 has a 52 week low of $9.00 and a 52 week high of $13.34. The firm’s 50-day simple moving average is $10.30 and its 200 day simple moving average is $11.02.
Analysts Set New Price Targets
SOUHY has been the topic of several analyst reports. Canaccord Genuity Group raised shares of South32 to a “strong sell” rating in a research note on Monday, August 19th. Citigroup upgraded shares of South32 from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 22nd.
About South32
South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.
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