NACCO Industries, Inc. (NC) To Go Ex-Dividend on August 31st

NACCO Industries, Inc. (NYSE:NC) declared a quarterly dividend on Thursday, August 20th. Shareholders of record on Monday, August 31st will be paid a dividend of 0.2625 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Monday, August 31st.

NACCO Industries 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 1 consecutive years.

NACCO Industries Trading Up 0.0%

NACCO Industries stock opened at $43.15 on Friday. The company has a current ratio of 3.30, a quick ratio of 2.33 and a debt-to-equity ratio of 0.26. NACCO Industries has a 12 month low of $37.76 and a 12 month high of $59.42. The stock’s 50 day simple moving average is $46.18 and its two-hundred day simple moving average is $49.71. The firm has a market cap of $325.78 million, a PE ratio of 18.76 and a beta of 0.45.

NACCO Industries (NYSE:NC) last issued its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter. The firm had revenue of $72.31 million for the quarter. NACCO Industries had a return on equity of 4.00% and a net margin of 6.21%.

Hedge Funds Weigh In On NACCO Industries

A number of hedge funds have recently bought and sold shares of the business. Baird Financial Group Inc. acquired a new stake in NACCO Industries in the first quarter valued at approximately $219,000. Empowered Funds LLC lifted its position in shares of NACCO Industries by 6.9% during the 1st quarter. Empowered Funds LLC now owns 38,972 shares of the company’s stock valued at $1,315,000 after buying an additional 2,528 shares in the last quarter. Rhumbline Advisers lifted its position in shares of NACCO Industries by 16.6% during the 2nd quarter. Rhumbline Advisers now owns 7,455 shares of the company’s stock valued at $330,000 after buying an additional 1,062 shares in the last quarter. Bridgeway Capital Management LLC grew its stake in NACCO Industries by 5.7% in the 2nd quarter. Bridgeway Capital Management LLC now owns 75,237 shares of the company’s stock valued at $3,334,000 after acquiring an additional 4,050 shares during the period. Finally, Tower Research Capital LLC TRC grew its stake in NACCO Industries by 362.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,583 shares of the company’s stock valued at $70,000 after acquiring an additional 1,241 shares during the period. Hedge funds and other institutional investors own 49.10% of the company’s stock.

About NACCO Industries

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.