NACCO Industries, Inc. (NC) To Go Ex-Dividend on June 1st

NACCO Industries, Inc. (NYSE:NC) declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Monday, June 1st will be given a dividend of 0.2625 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, June 1st. This is a 4.0% increase from NACCO Industries’s previous quarterly dividend of $0.25.

NACCO Industries has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 1 years.

NACCO Industries Trading Down 3.6%

NC opened at $49.32 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.30 and a quick ratio of 2.35. The company’s 50 day simple moving average is $50.35 and its two-hundred day simple moving average is $49.83. NACCO Industries has a 1-year low of $35.31 and a 1-year high of $59.42. The firm has a market capitalization of $371.86 million, a price-to-earnings ratio of 17.18 and a beta of 0.43.

NACCO Industries (NYSE:NC) last released its earnings results on Tuesday, May 5th. The company reported $1.17 earnings per share for the quarter. The business had revenue of $62.78 million for the quarter. NACCO Industries had a net margin of 7.84% and a return on equity of 5.04%.

About NACCO Industries

NACCO Industries, Inc is a Cleveland, Ohio–based diversified holding company with a history spanning more than a century. Through its principal subsidiaries, the company operates in two primary business areas: coal mining and material-handling system design and manufacturing. Originally incorporated in 1913, NACCO has maintained a presence on the New York Stock Exchange under the ticker symbol NC since the 1920s, evolving its portfolio to meet changing market demands while preserving its core expertise in bulk commodities and industrial services.

The North American Coal Corporation, NACCO’s coal mining segment, is among the largest producers of lignite coal in the United States.