United States Lime & Minerals, Inc. (USLM) to Distribute Quarterly Dividend of $0.06 on September 11th

United States Lime & Minerals, Inc. (NASDAQ:USLM) declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Friday, August 21st will be given a dividend of 0.06 per share by the construction company on Friday, September 11th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 21st.

United States Lime & Minerals has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. United States Lime & Minerals has a payout ratio of 4.8% indicating that its dividend is sufficiently covered by earnings.

United States Lime & Minerals Stock Performance

NASDAQ USLM opened at $112.93 on Friday. United States Lime & Minerals has a twelve month low of $94.76 and a twelve month high of $141.43. The stock has a market cap of $3.24 billion, a PE ratio of 24.18 and a beta of 0.72. The firm has a 50-day simple moving average of $107.33 and a 200 day simple moving average of $116.12.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by ($0.10). The firm had revenue of $99.13 million for the quarter, compared to the consensus estimate of $108.00 million. United States Lime & Minerals had a net margin of 35.66% and a return on equity of 21.29%.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc (NASDAQ:USLM) is a producer and supplier of lime and limestone products in the United States. The company operates quarries and processing facilities across the country, specializing in the extraction and production of quicklime, hydrated lime, limestone aggregates and dolomite for use in steel manufacturing, construction, environmental remediation, agriculture and other industrial applications.

With a network of quarries concentrated in Florida and additional mining and distribution sites in other states, United States Lime & Minerals combines kiln operations and grinding plants to offer a comprehensive range of calcium‐ and magnesium‐based products.