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

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    Dividend Investing

    With a 30% forecast yield, is this dividend stock the biggest bargain on the ASX 200?

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    Energy Shares

    Why did ASX 200 coal share New Hope Corporation sink 9% today?

    We take a look at what impacted New Hope shares today.

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    Dividend Investing

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    Energy Shares

    Can ASX 200 coal shares really deliver dividend yields of over 10% in FY24?

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    Here are the top 10 ASX 200 shares today

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    Dividend Investing

    Attention income investors! These 7 ASX 200 dividend shares are projecting yields of 7%+ in FY24

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    Energy Shares

    Burning hot: The outlook for ASX 200 energy shares in 2023

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    Share Gainers

    Here are the top 10 ASX 200 shares today

    These ASX 200 favourites powered into the weekend.

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    Frequently Asked Questions

    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.

    New Hope Corporation generally pays its shareholder dividends in May and November.

    No, New Hope Corporation does not have a dividend reinvestment plan (DRP).

    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile 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.

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