Dividend Details for Teck Resources: Key Information Before Ex-Dividend Date June 16, 2025

Teck Resources (TECK) has announced a dividend per share of $0.090, with the announcement made on Apr 24, 2025. The ex-dividend date is set for Jun 16, 2025, and the dividend will be paid on Jun 30, 2025. This dividend is lower compared to the company's average of the last ten dividends, which stands at $0.145 per share. The previous dividend, distributed on Mar 31, 2025, was slightly lower at $0.088 per share. Both dividends are classified as cash dividends.

Recent news surrounding Teck Resources has highlighted several significant developments. Over the past week, Teck Resources and Sumitomo Metal Mining have been embroiled in a dispute over a substantial copper supply agreement. This conflict has brought to light issues within the longstanding pricing system, suggesting potential implications for the company's operational strategies and performance.

Additionally, RBC Capital Markets has maintained Teck Resources' Outperform rating with a C$82 price target, despite a recent dip in production from the QB2 project. Analysts note that the 16.1% reduction in April's output was due to essential maintenance on the tailings dam, indicating a temporary rather than a permanent setback. This continued confidence in Teck Resources reflects the company's robust fundamentals and ability to manage operational challenges effectively.

In other updates, TD Securities has adjusted their target price for Teck Resources from C$73.00 to C$62.00, while maintaining a "buy" rating. This revision underscores a cautious optimism about the company's future prospects amid fluctuating market conditions.

Investors should be aware that Jun 16, 2025, marks the ex-dividend date for Teck Resources. It is the last day to purchase shares in order to qualify for the upcoming dividend payout. Any acquisitions made after this date will not entitle shareholders to receive the dividend for this period.