NACCO Industries, Inc. (NYSE:NC) Plans Quarterly Dividend of $0.23

NACCO Industries, Inc. (NYSE:NC) declared a quarterly dividend on Friday, August 23rd, Wall Street Journal reports. Shareholders of record on Tuesday, September 3rd will be paid a dividend of 0.2275 per share on Monday, September 16th. This represents a $0.91 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date of this dividend is Tuesday, September 3rd.

NACCO Industries has increased its dividend payment by an average of 3.9% annually over the last three years and has raised its dividend every year for the last 5 years.

NACCO Industries Stock Performance

NYSE NC traded up $1.17 during trading hours on Friday, reaching $28.27. The company’s stock had a trading volume of 9,257 shares, compared to its average volume of 16,377. The company has a current ratio of 2.82, a quick ratio of 2.14 and a debt-to-equity ratio of 0.08. The business has a 50-day simple moving average of $29.34 and a 200 day simple moving average of $30.62. NACCO Industries has a 52 week low of $26.09 and a 52 week high of $38.66. The stock has a market cap of $210.61 million, a PE ratio of -5.06 and a beta of 0.98.

NACCO Industries (NYSE:NC) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.81 earnings per share (EPS) for the quarter. The business had revenue of $52.35 million during the quarter. NACCO Industries had a positive return on equity of 3.75% and a negative net margin of 17.83%.

Insider Buying and Selling

In related news, SVP Thomas A. Maxwell sold 1,034 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $32.03, for a total transaction of $33,119.02. Following the sale, the senior vice president now owns 7,800 shares of the company’s stock, valued at $249,834. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 41.26% of the stock is owned by corporate insiders.

About NACCO Industries

NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.