And they pay a nice dividend....
I ran some numbers and on a all Teck share deal (1.5 billion)
Ernesto would probably double his mooney as Teck moves toward 75$ a share and make clear 8.3 million a year just on the dividends
Teck Announces 33% Dividend Increase |
11-49-TR |
October 26, 2011 / Download PDF
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Vancouver, BC – Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that it will pay an eligible dividend of $0.40 per share on its outstanding Class A common shares and Class B subordinate voting shares on January 3, 2012, to shareholders of record at the close of business on December 15, 2011. This represents a 33 percent increase from the previous dividend.
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