For incoming Coronado Global Resources Chief Executive Douglas Thompson, perpetuating the metallurgical (coking) coal producer’s stunning shareholder returns is about balancing acquisitions with internal growth opportunities.
In 2022, Coronado demonstrated its “fast grower” status with total shareholder returns of 110 per cent, as well as dividends equating to a mouth-watering 49 per cent yield.
Since listing on the ASX in 2018, Coronado has returned US$1.5 billion (AU$2.27 billion) to shareholders in dividends.