South32 Limited (OTCMKTS:SOUHY) Raises Dividend to $0.14 Per Share

South32 Limited (OTCMKTS:SOUHY) declared a dividend on Friday, August 30th, NASDAQ reports. Stockholders of record on Friday, September 20th will be paid 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 Stock Down 1.8 %

Shares of SOUHY stock opened at $10.63 on Thursday. South32 has a 12-month low of $9.00 and a 12-month high of $13.34. The stock’s 50-day moving average price is $10.26 and its 200-day moving average price is $11.01.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Canaccord Genuity Group raised South32 to a “strong sell” rating in a report 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.

South32 Company Profile

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.