New Hope Corporation (NHC) will go ex dividend on 11/4/2012. The current dividend payment is 6 cents and it is 100% franked. The record date is 17/4/2012 and the dividend will be paid on 2/5/2012. Based on the full year payment the dividend yield is 2.0%.
*Current Yield: 1.1% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 27/3/2012. Current yield is based on the current dividend payment only.
New Hope Corporation Limited (NHC) announces a $2.00 per share all-cash, off-market takeover offer to acquire all the outstanding Northern Energy Corporation Limited (“Northern Energy”) [ASX: NEC] shares not already owned by New Hope (“Offer”).
The Offer values the shares not already owned by New Hope at approximately $50 million.
The Offer will deliver an attractive premium and certainty of cash consideration to Northern Energy shareholders. In particular the Offer of $2.00 cash per Northern Energy share represents:
In addition, payment terms under the Offer have been accelerated so that Northern Energy shareholders who validly accept the Offer will be paid within 10 business days of that valid acceptance.
http://www.traderdealer.com.au/fundamentals/nhc
New Hope Corporation (NHC) will go ex dividend on 11/4/2011. The current dividend payment is 5.25 cents and it is 100% franked. The record date is 15/4/2011 and the dividend will be paid on 4/5/2011. Based on the full year payment the dividend yield is 2.0%.
*Current Yield: 1.1% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 25/3/2011. Current yield is based on the current dividend payment only.
New Hope Corporation (NHC) will go ex dividend on 19/10/2010. The current dividend payment is 18.5 cents and it is 100% franked. The record date is 25/10/2010 and the dividend will be paid on 9/11/2010. Based on the full year payment the dividend yield is 3.6%.
*Current Yield: 3.6% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 11/10/2010. Current yield is based on the current dividend payment only.
New Hope Corporation Limited (NHC) announces a $1.50 per share all-cash off-market takeover offer to acquire all the outstanding Northern Energy Corporation (NEC) shares not already owned by New Hope. The Offer values the total equity of NEC at $193 million. New Hope notes that its Offer represents a premium of 57.9% to $0.95, the closing price of NEC Shares on 29 September 2010, being the day prior to New Hope’s formal approach to NEC.
New Hope Chairman Mr Robert Millner said: “We believe this to be a very attractive offer for NEC shareholders as it is at a substantial premium to NEC’s recent trading history. Our offer also provides certainty of value in what has been a volatile period for NEC shareholders. “Northern Energy is a coal exploration company and requires significant amounts of additional capital to develop its project pipeline.”
New Hope is an independent, energy company which has open cut mines at Acland on the Darling Downs, and at Rosewood near Ipswich. The company focuses on niche marketing of its thermal coal and exports around 65% of coal production to Asia Pacific markets including Japan, Korea and Chile with the remainder being consumed by customers in south-east Queensland.
http://www.traderdealer.com.au/Fundamentals/nhc
New Hope Corporation Limited (NHC) today announced its intention to acquire 100% of Macarthur Coal Limited (MCC) offering 2.7 New Hope shares for every 1 Macarthur share by way of a scheme of arrangement valuing Macarthur at $14.581 per share and representing a total consideration of $3.71 billion.
The Offer provides Macarthur shareholders with an opportunity to continue to be a shareholder in a major Australian coal company with an increased reserve and resource base, enhanced scale and diversified geographical, product and infrastructure assets; to become shareholders in a combined entity with a market capitalisation of over $8 billion and a net cash position greater than $1.5 billion; to benefit from increased market presence and liquidity of shares; to share in the significant synergies created by merging Macarthur with New Hope. This is the estimated market capitalisation of Macarthur based on Macarthur shares currently on issue at the Offer price. New Hope believes the Offer is superior to both the Gloucester transaction and the highly conditional, non-binding, indicative proposal put forward by Peabody Energy Corporation. The Board of New Hope believes that a merger of the two companies is in the best interests of both New Hope and Macarthur shareholders and is a superior proposal to the Gloucester transaction.
A merged New Hope and Macarthur Coal will create a leading Australian Securities Exchange listed player in the Australian coal sector with an implied market capitalisation greater than $8 billion. The entity will have a substantial resource and reserve base with a significant development pipeline. It will also have cash resources of greater than $1.5 billion to develop this pipeline. The merged entity will have the infrastructure in place to underpin this production growth. The merged entity will have a diverse range of geographical locations, mines, infrastructure and products with five operating coal mines shipping through two coal terminals.
New Hope Corporation Limited (NHC) is an independent Australian energy company with a current market capitalisation in excess of $4 billion. New Hope has more than 500 employees and over 7,000 shareholders. It has a proven track record in generating superior shareholder returns as evidenced by the average annual rate of total shareholder return over the past three years being over 50%. Production tonnage has increased over the past three years by 23% to 5.5Mtpa.
New Hope Corporation (NHC) will go ex dividend on 13/4/2010. The current dividend payment is 5 cents and it is 100% franked. The record date is 19/4/2010 and the dividend will be paid on 5/5/2010. Based on the full year payment the dividend yield is 1.9%.
*Current Yield: 1.0% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 26/3/2010. Current yield is based on the current dividend payment only.
New Hope Corporation (NHC) will go ex dividend on 20/10/2009. The current dividend payment is 77.25 cents and it is 100% franked. The record date is 26/10/2009 and the dividend will be paid on 10/11/2009. Based on the full year payment the dividend yield is 13.3%.
*Current Yield: 13.3% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 25/9/2009. Current yield is based on the current dividend payment only.
