Teck Resources Limited (TECK): Among the Best International Dividend Stocks to Buy Now

Generado por agente de IAMarcus Lee
miércoles, 12 de febrero de 2025, 1:03 am ET1 min de lectura
TECK--



Teck Resources Limited (NYSE:TECK), a Vancouver-based company, is a leading player in the exploration, acquisition, and production of natural resources. With a strong focus on energy transition metals like copper and zinc, Teck is well-positioned to capitalize on the growing demand for these metals in the energy transition and other sectors. The company's commitment to responsible growth and stakeholder trust further enhances its long-term resilience.



Teck Resources' dividend yield of 1.73% and its track record of paying dividends make it an attractive option for income-oriented investors. The company's dividend payouts have been consistent, with a total of 45 dividend payments made since 2007. In 2024, Teck paid a C$0.73 per share quarterly dividend, reflecting its commitment to returning value to shareholders.



Teck's strong financial health is driven by several key factors, including its diversified product portfolio, strategic asset sales, strong cash flow management, investment in copper projects, and the ability to meet production targets and achieve design throughput rates at its projects. These factors contribute to Teck's ability to maintain a solid balance sheet and invest in growth opportunities.



Teck's focus on copper projects and ramping up production to 800,000 tonnes per year by the end of the decade aligns with the growing demand for copper in the energy transition and other sectors. Copper is a critical metal in the production of electric vehicles, renewable energy infrastructure, and other technologies that support the energy transition. As the demand for these technologies increases, so will the demand for copper. Teck's investment in copper projects and increased production will help meet this growing demand and position the company as a key player in the energy transition.



In conclusion, Teck Resources Limited (NYSE:TECK) is a strong contender among international dividend stocks to buy now. Its focus on energy transition metals, commitment to responsible growth, and strong financial health make it an attractive option for investors seeking steady growth and income. As the demand for copper and other energy transition metals continues to grow, Teck's investment in copper projects and increased production will position the company well for future success.

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