Ramaco Resources, Inc. Announces $5.0 Million Fourth-Quarter Dividend
Ramaco Resources, Inc. (NASDAQ: METC) has announced a $5.0 million quarterly cash dividend for the fourth quarter of 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Ramaco Resources, Inc. (NASDAQ: METC) has announced a $5.0 million quarterly cash dividend for the fourth quarter of 2022. Shareholders can expect a dividend payment of $0.1133 per common share on December 15, 2022, for those on record by December 1, 2022. The company operates in high-quality, low-cost metallurgical coal production across regions in South West Virginia and Pennsylvania, and it holds a substantial portfolio of intellectual property relating to advanced carbon products.
Positive
- Approval of a $5.0 million quarterly cash dividend for Q4 2022.
- Dividend of $0.1133 per share indicates strong shareholder returns.
- Continuous operations in high-quality coal production across multiple states.
Negative
- None.
Details
News Market Reaction – METC
The recorded move for METC in the trading session of this news was +4.98%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LEXINGTON, Ky., Sept. 28, 2022 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco Resources" or the "Company") announced that its Board of Directors approved the payment of its established and regular
Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has three active mining complexes in Central Appalachia and one mine not yet in production near Sheridan, Wyoming. Contiguous to the Wyoming mine it operates a research and pilot facility related to the production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of roughly 50 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks. For more information about us, please visit our website at www.ramacoresources.com.
INVESTOR RELATIONS: info@ramacocoal.com or 859-244-7455
View original content:https://www.prnewswire.com/news-releases/ramaco-resources-inc-announces-5-0-million-fourth-quarter-dividend-301634915.html
SOURCE Ramaco Resources, Inc.
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