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

NACCO Industries, Inc. (NYSE:NCGet Free Report) declared a quarterly dividend on Thursday, August 20th. Investors of record on Monday, August 31st will be paid 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 increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

NACCO Industries Stock Down 1.7%

NC opened at $41.09 on Friday. NACCO Industries has a 52 week low of $36.04 and a 52 week high of $59.42. The business has a 50 day moving average price of $47.24 and a two-hundred day moving average price of $50.19. The company has a quick ratio of 2.33, a current ratio of 3.30 and a debt-to-equity ratio of 0.26. The company has a market cap of $310.11 million, a PE ratio of 17.87 and a beta of 0.45.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut NACCO Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, NACCO Industries has a consensus rating of “Hold”.

Read Our Latest Research Report on NC

About NACCO Industries

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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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