NACCO Industries (NYSE:NC) Announces Quarterly Earnings Results

NACCO Industries (NYSE:NC) issued its quarterly earnings data on Wednesday. The company reported $1.02 EPS for the quarter, Zacks reports. NACCO Industries had a negative net margin of 7.94% and a positive return on equity of 8.87%.

NACCO Industries Trading Down 0.0 %

Shares of NC opened at $32.40 on Thursday. The firm has a market cap of $236.39 million, a price-to-earnings ratio of -13.96 and a beta of 0.94. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.39 and a current ratio of 3.76. NACCO Industries has a fifty-two week low of $25.19 and a fifty-two week high of $34.74. The firm has a 50 day moving average price of $31.38 and a 200-day moving average price of $29.72.

NACCO Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.2275 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $0.91 dividend on an annualized basis and a yield of 2.81%. NACCO Industries’s dividend payout ratio is presently -39.22%.

NACCO Industries Company Profile

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.