NACCO Industries, Inc. (NYSE:NC) Declares $0.25 Quarterly Dividend

NACCO Industries, Inc. (NYSE:NC) declared a quarterly dividend on Tuesday, November 18th. Investors of record on Monday, December 1st will be paid a dividend of 0.2525 per share on Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, December 1st.

NACCO Industries has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 1 years.

NACCO Industries Stock Performance

Shares of NC stock opened at $51.43 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.90 and a current ratio of 3.91. NACCO Industries has a 52 week low of $27.47 and a 52 week high of $53.88. The company’s 50 day moving average price is $43.39 and its two-hundred day moving average price is $40.05. The company has a market capitalization of $383.70 million, a P/E ratio of 12.07 and a beta of 0.74.

NACCO Industries (NYSE:NC) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 earnings per share (EPS) for the quarter. NACCO Industries had a net margin of 11.79% and a return on equity of 7.72%. The company had revenue of $76.61 million during the quarter.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NC. Wall Street Zen cut NACCO Industries from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NACCO Industries in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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.