Warrior Met Coal (HCC) to Issue Quarterly Dividend of $0.08 on March 2nd

Warrior Met Coal (NYSE:HCC) announced a quarterly dividend on Tuesday, February 10th. Shareholders of record on Monday, February 23rd will be given a dividend of 0.08 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Monday, February 23rd.

Warrior Met Coal has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Warrior Met Coal has a dividend payout ratio of 7.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Warrior Met Coal to earn $8.96 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 3.6%.

Warrior Met Coal Trading Down 0.6%

HCC opened at $84.96 on Friday. Warrior Met Coal has a twelve month low of $38.00 and a twelve month high of $105.35. The company has a fifty day moving average of $91.00 and a 200-day moving average of $75.43. The stock has a market cap of $4.47 billion, a PE ratio of 77.95 and a beta of 0.65. The company has a quick ratio of 2.27, a current ratio of 3.19 and a debt-to-equity ratio of 0.11.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.18). Warrior Met Coal had a net margin of 4.35% and a return on equity of 2.71%. The firm had revenue of $383.99 million for the quarter, compared to the consensus estimate of $381.72 million. During the same period last year, the company posted $0.15 EPS. The business’s revenue was up 29.1% compared to the same quarter last year. On average, sell-side analysts predict that Warrior Met Coal will post 4.86 EPS for the current year.

About Warrior Met Coal

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.