New Hope Corporation Limited (ASX: NHC) Share Price and News
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as at 24 Feb 3:44pm
New Hope Corporation Limited (ASX: NHC)
Latest News
Investing Strategies
2 ASX 200 shares to buy even as the world slips into recession
Share Market News
4 ASX All Ords shares insiders have been buying up in January
Dividend Investing
With a 30% forecast yield, is this dividend stock the biggest bargain on the ASX 200?
Energy Shares
Why did ASX 200 coal share New Hope Corporation sink 9% today?
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Energy Shares
Can ASX 200 coal shares really deliver dividend yields of over 10% in FY24?
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ASX 200 to yield 4.4% in 2023. These 2 dividend shares pay more than twice that
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Share Gainers
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Frequently Asked Questions
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Yes, New Hope Corporation has historically paid two fully franked shareholder dividends a year. In 2022, the company also made special cash payments to shareholders on the back of bumper profits.
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New Hope Corporation generally pays its shareholder dividends in May and November.
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No, New Hope Corporation does not have a dividend reinvestment plan (DRP).
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New Hope Corporation Ltd listed on the ASX on 16 September 2003.
NHC ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About New Hope Corporation Limited
New Hope Corporation Ltd (ASX: NHC) is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in the Darling Downs, Queensland and its 80%-owned Bengalla coal mine in the Hunter Valley, New South Wales. The company should produce around 13 million metric tons of equity salable thermal coal annually from fiscal 2025, up from around 8 million in fiscal 2023, driven by the construction and ramp-up of New Acland Stage 3.
The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multi-decade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 15% holding in the Malabar-Maxwell metallurgical coal mine in the Hunter Valley.