United States Lime & Minerals, Inc. (NASDAQ:USLM) Announces Dividend Increase – $0.06 Per Share

United States Lime & Minerals, Inc. (NASDAQ:USLM) declared a quarterly dividend on Monday, February 3rd,RTT News reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.06 per share by the construction company on Friday, March 14th. This represents a $0.24 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of this dividend is Friday, February 21st. This is an increase from United States Lime & Minerals’s previous quarterly dividend of $0.05.

United States Lime & Minerals Stock Performance

Shares of United States Lime & Minerals stock opened at $106.16 on Wednesday. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of 27.98 and a beta of 0.91. The company has a fifty day moving average of $122.77 and a 200-day moving average of $110.86. United States Lime & Minerals has a 52-week low of $49.02 and a 52-week high of $159.53.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share (EPS) for the quarter. United States Lime & Minerals had a net margin of 34.27% and a return on equity of 24.55%.

Analyst Ratings Changes

Separately, StockNews.com cut United States Lime & Minerals from a “buy” rating to a “hold” rating in a research note on Thursday, February 13th.

About United States Lime & Minerals

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.