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

NACCO Industries, Inc. (NYSE:NCGet Free Report) announced a quarterly dividend on Thursday, August 20th. Shareholders of record on Monday, August 31st will be given a dividend of 0.2625 per share on Tuesday, September 15th. This represents a c) annualized dividend and a 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 raised its dividend annually for the last 1 consecutive years.

NACCO Industries Trading Down 1.7%

NYSE NC opened at $41.09 on Friday. The stock has a market cap of $310.11 million, a P/E ratio of 17.87 and a beta of 0.45. NACCO Industries has a fifty-two week low of $36.04 and a fifty-two week high of $59.42. The stock has a 50 day simple moving average of $47.24 and a two-hundred day simple moving average of $50.19. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.33 and a current ratio of 3.30.

NACCO Industries (NYSE:NCGet Free Report) last posted its earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter. The business had revenue of $72.31 million for the quarter. NACCO Industries had a net margin of 6.21% and a return on equity of 4.00%.

NACCO Industries Company Profile

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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.

Further Reading

Dividend History for NACCO Industries (NYSE:NC)

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