United States Lime & Minerals, Inc. (USLM) to Distribute Quarterly Dividend of $0.06 on September 11th

United States Lime & Minerals, Inc. (NASDAQ:USLMGet Free Report) declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Friday, August 21st will be given a dividend of 0.06 per share by the construction company on Friday, September 11th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, August 21st.

United States Lime & Minerals 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 2 years. United States Lime & Minerals has a dividend payout ratio of 4.8% indicating that its dividend is sufficiently covered by earnings.

United States Lime & Minerals Stock Up 0.2%

Shares of NASDAQ:USLM opened at $117.91 on Wednesday. United States Lime & Minerals has a 52-week low of $96.27 and a 52-week high of $141.43. The company has a 50 day moving average of $109.61 and a two-hundred day moving average of $115.03. The company has a market capitalization of $3.38 billion, a price-to-earnings ratio of 25.25 and a beta of 0.72.

United States Lime & Minerals (NASDAQ:USLMGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.10). The firm had revenue of $99.13 million for the quarter, compared to analysts’ expectations of $108.00 million. United States Lime & Minerals had a net margin of 35.66% and a return on equity of 20.76%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered United States Lime & Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on United States Lime & Minerals

About United States Lime & Minerals

(Get Free Report)

United States Lime & Minerals, Inc (NASDAQ:USLM) is a producer and supplier of lime and limestone products in the United States. The company operates quarries and processing facilities across the country, specializing in the extraction and production of quicklime, hydrated lime, limestone aggregates and dolomite for use in steel manufacturing, construction, environmental remediation, agriculture and other industrial applications.

With a network of quarries concentrated in Florida and additional mining and distribution sites in other states, United States Lime & Minerals combines kiln operations and grinding plants to offer a comprehensive range of calcium‐ and magnesium‐based products.

See Also

Dividend History for United States Lime & Minerals (NASDAQ:USLM)

Receive News & Ratings for United States Lime & Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Lime & Minerals and related companies with MarketBeat.com's FREE daily email newsletter.