Peabody Declares $0.075 Dividend After Q1 $0.26 Loss and Upgrade
Peabody’s board approved a $0.075 per share quarterly dividend payable June 8 to shareholders of record on May 19, 2026. The company posted a Q1 loss of $0.26 per share versus a $0.01 loss estimate, prompting analysts to upgrade to Buy on expected coking coal price improvements and Centurion ramp-up.
1. Board Declares Quarterly Dividend
The Board of Directors declared a $0.075 per share quarterly dividend on common stock, payable June 8, 2026, to shareholders of record as of May 19, 2026.
2. Q1 2026 Earnings Miss Expectations
Peabody reported a loss of $0.26 per share for Q1 2026, compared with a loss of $0.01 per share expected and earnings of $0.27 per share in Q1 2025, reflecting ramp-up challenges at Centurion and weaker coking coal contributions.
3. Analyst Upgrade Reflects Long-Term Value
Analysts upgraded Peabody to Buy, citing attractive valuation after share price weakness, improving seaborne coking coal prices and low-cost production ramp-up at Centurion in Australia poised to boost future EBITDA.