United States Lime & Minerals, Inc. (USLM) To Go Ex-Dividend on August 23rd

United States Lime & Minerals, Inc. (NASDAQ:USLM) declared a quarterly dividend on Wednesday, July 31st, Zacks reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.05 per share by the construction company on Friday, September 13th. This represents a $0.20 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date of this dividend is Friday, August 23rd.

United States Lime & Minerals has raised its dividend by an average of 7.7% per year over the last three years.

United States Lime & Minerals Stock Performance

NASDAQ:USLM traded down $6.35 during trading on Friday, reaching $78.58. The company’s stock had a trading volume of 30,413 shares, compared to its average volume of 112,775. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of 5.55 and a beta of 0.85. The firm has a 50 day moving average of $73.41 and a 200-day moving average of $63.27. United States Lime & Minerals has a 12 month low of $37.11 and a 12 month high of $87.13.

United States Lime & Minerals (NASDAQ:USLM) last announced its quarterly earnings data on Tuesday, April 30th. The construction company reported $0.78 earnings per share (EPS) for the quarter. The firm had revenue of $71.69 million during the quarter. United States Lime & Minerals had a return on equity of 21.82% and a net margin of 29.87%.

Analyst Ratings Changes

Separately, StockNews.com upgraded United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Friday.

Insider Transactions at United States Lime & Minerals

In other news, CEO Timothy W. Byrne sold 1,000 shares of the stock in a transaction on Friday, June 7th. The stock was sold at an average price of $66.06, for a total transaction of $66,064.00. Following the completion of the transaction, the chief executive officer now owns 147,715 shares in the company, valued at approximately $9,758,643.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Timothy W. Byrne sold 1,000 shares of the stock in a transaction on Friday, June 7th. The stock was sold at an average price of $66.06, for a total transaction of $66,064.00. Following the completion of the transaction, the chief executive officer now owns 147,715 shares in the company, valued at approximately $9,758,643.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Timothy W. Byrne sold 36,945 shares of the stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $67.34, for a total value of $2,487,728.52. Following the transaction, the chief executive officer now owns 151,900 shares of the company’s stock, valued at approximately $10,228,338.40. The disclosure for this sale can be found here. 2.16% of the stock is owned by corporate insiders.

About United States Lime & Minerals

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.