Looking to buy South32 shares? Here are the key dates to watch in 2023

Here's a look at South32's 2023 plans…

Sebastian Bowen

Author Bio Sebastian Bowen has been a Motley Fool contributor since late 2018. Sebastian found his passion for writing and educating others about shares and all things finance after completing his studies in political, economic and social science and enjoys bringing this passion to life at the Fool. His investment philosophy is a simple one – buying high-quality companies at prices that make sense. When he’s not researching his next investment at all hours of the morning, Sebastian enjoys classic movies and likes to unwind with a good book, newspaper or record. Areas of Expertise Dividend investing ETFs Education Bachelor of Political, Economic, and Social Sciences (Government and International Relations), University of Sydney Social Media X/Twitter Favorite Investment Quote "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." – Benjamin Graham

Published January 9, 2023 2:40 pm AEDT

Are you looking to buy South32 Ltd (ASX: S32) shares in 2023? Before you do, it might be worth taking a look at what the company's plans are for the year ahead.

Luckily, the mining giant has just released its 2023 calendar of key dates for the present year. And it makes for some interesting reading. So let's check out what's in store for South32 investors in 2023.

So the first thing South32 investors have to look forward to is the 16 February release of the miner's half-year results. Not only will investors find out the company's half-year revenue, earnings and profits, but 16 February will also be the day we get to see how much South32's much-anticipated interim dividend will be.

9 March will then be the day that South32 shares trade ex-dividend for this payment, with the dividend itself scheduled to hit bank accounts on (or around) 7 April.

Following the half-year results, the next big day in South32's calendar is 24 August. That's when the miner's full-year results are expected to be released. That's also alongside the announcement of South32's final dividend for the year.

This final dividend is set to leave the South32 share price when the company traded ex-dividend on 14 September. Payment is then expected on or around 12 October.

Finally, South32's annual general meeting for 2023 is set to occur on 26 October this year. That follows the 24 August cutoff for receipt of director nominations.

This calendar comes with a standard proviso that "the determination of a dividend is subject to Board approval and the dates listed above remain subject to change". However, this is more or less what South32 investors can expect from 2023.

Man in yellow hard hat looks through binoculars as man in white hard hat stands behind him and points. — Image source: Getty Images

South32 share price recap

South32 had a bouncy year last year, as you can see below:

Even though the miner recorded a 12-month loss of 0.25%, falling from $4.01 per share to $4, its current 52-week high sits at $5.44, while its 52-week low is $3.40.

Today, the South32 share price is sitting at $4.44, up a pleasing 4.35% for the day so far. At this price, South32 shares have a trailing dividend yield of 7.35%.

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