ST. LOUIS, July 19, 2018 /PRNewswire/ -- Peabody (NYSE:
BTU) announced today that its board of directors has declared a
quarterly dividend of $0.125 per
share on the company's common stock, payable on Aug. 23, 2018 to shareholders of record on
Aug. 2, 2018.
Today's dividend announcement reflects an increase of nearly 10
percent over last quarter's dividend per share, in recognition of
the company's strong ongoing cash flow generation.
Peabody (NYSE: BTU) is the leading global pure-play coal company
and a member of the Fortune 500, serving power and steel customers
in more than 25 countries on six continents. Peabody offers
significant scale, high-quality assets, and diversity in geography
and products. Peabody is guided by seven core values: safety,
sustainability, leadership, customer focus, integrity, excellence
and people. For further information, visit
PeabodyEnergy.com.
Contact:
Julie
Gates
314.342.4336
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the securities laws. Forward-looking statements can
be identified by the fact that they do not relate strictly to
historical or current facts. They often include words or variation
of words such as "expects," "anticipates," "intends," "plans,"
"believes," "seeks," "estimates," "projects," "forecasts,"
"targets," "would," "will," "should," "goal," "could" or "may" or
other similar expressions. Forward-looking statements provide
management's current expectations or predictions of future
conditions, events or results. All statements that address
operating performance, events or developments that we expect or
anticipate will occur in the future are forward-looking statements.
They may include estimates of revenues, income, earnings per share,
cost savings, capital expenditures, dividends, share repurchases,
liquidity, capital structure, market share, industry volume, or
other financial items, descriptions of management's plans or
objectives for future operations, or descriptions of assumptions
underlying any of the above. All forward-looking statements speak
only as of the date they are made and reflect the company's good
faith beliefs, assumptions and expectations, but they are not
guarantees of future performance or events. Furthermore, the
company disclaims any obligation to publicly update or revise any
forward-looking statement, except as required by law. By their
nature, forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those suggested by the forward-looking statements. Factors
that might cause such differences include, but are not limited to,
a variety of economic, competitive and regulatory factors, many of
which are beyond the company's control, that are described in our
Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2017, as well as additional factors we
may describe from time to time in other filings with the SEC. You
may get such filings for free at our website at
www.peabodyenergy.com. You should understand that it is not
possible to predict or identify all such factors and, consequently,
you should not consider any such list to be a complete set of all
potential risks or uncertainties.
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SOURCE Peabody