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

NACCO Industries, Inc. (NYSE:NC) declared a quarterly dividend on Tuesday, November 18th. Stockholders 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%annually over the last three years and has increased its dividend every year for the last 1 years.

NACCO Industries Trading Down 2.4%

Shares of NYSE:NC opened at $51.43 on Wednesday. NACCO Industries has a 1 year low of $27.47 and a 1 year high of $53.88. The company has a market capitalization of $383.70 million, a P/E ratio of 12.07 and a beta of 0.74. The company has a debt-to-equity ratio of 0.22, a current ratio of 3.91 and a quick ratio of 2.90. The business’s 50 day simple moving average is $43.39 and its 200 day simple moving average is $40.05.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on NC shares. Weiss Ratings reissued a “hold (c)” rating on shares of NACCO Industries in a report on Wednesday, October 8th. Wall Street Zen downgraded NACCO Industries from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average 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.