NACCO Industries, Inc. (NYSE:NC) Declares $0.26 Quarterly Dividend

NACCO Industries, Inc. (NYSE:NC) declared a quarterly dividend on Thursday, August 20th. Investors of record on Monday, August 31st will be paid a dividend of 0.2625 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, August 31st.

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

NACCO Industries Stock Down 1.7%

NACCO Industries stock opened at $41.09 on Friday. The stock has a market cap of $310.11 million, a PE ratio of 17.87 and a beta of 0.45. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.30 and a quick ratio of 2.33. The stock’s fifty day moving average is $47.24 and its two-hundred day moving average is $50.19. NACCO Industries has a 1-year low of $36.04 and a 1-year high of $59.42.

NACCO Industries (NYSE:NC) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter. The business had revenue of $72.31 million during the quarter. NACCO Industries had a net margin of 6.21% and a return on equity of 4.00%.

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.