Yancoal Australia declares A$82m interim dividend amid strong performance

Yancoal Australia Limited declared a fully franked interim dividend of A$0.0620 per share, totaling A$82 million. This represents a 50% payout ratio of first-half profit after tax.

The company reported first-half revenue of A$2.675 billion and operating EBITDA of A$595 million. Yancoal maintained a strong cash position of A$1.795 billion at end-June with no interest-bearing loans.

Attributable saleable coal production reached 18.9 million tonnes, with cash operating costs at A$93 per tonne.