Stanmore Resources Limited Announces Final Dividend of $0.13 (ASX:SMR)

Stanmore Resources Limited (ASX:SMR) declared a final dividend on Tuesday, February 24th, MarketIndexAU Dividends reports. Investors of record on Thursday, March 12th will be paid a dividend of 0.127 per share on Thursday, March 12th. This represents a yield of 457.0%. The ex-dividend date of this dividend is Wednesday, February 25th.

Stanmore Resources Price Performance

The company has a market cap of $1.48 billion, a price-to-earnings ratio of 5.40, a price-to-earnings-growth ratio of 0.03 and a beta of 0.21. The company has a current ratio of 1.01, a quick ratio of 1.27 and a debt-to-equity ratio of 44.24.

About Stanmore Resources

Stanmore Resources Limited engages in the exploration, development, production, and sale of metallurgical coal in Australia. The company holds a portfolio of 2,000 square kilometers of prospective and granted exploration tenements throughout the Bowen and Surat Basins. The company was formerly known as Stanmore Coal Limited and changed its name to Stanmore Resources Limited in May 2021. The company was incorporated in 2008 and is headquartered in Brisbane, Australia. Stanmore Resources Limited operates as a subsidiary of Golden Investments (Australia) Pte.