Ramaco Resources, Inc. Announces Second-Quarter 2023 Cash Dividend

Rhea-AI Summary

Ramaco Resources, Inc. (NASDAQ: METC) declared a quarterly cash dividend of $0.1250 per share, payable on June 15, 2023, to shareholders on record by June 1, 2023. This announcement highlights the company's commitment to returning value to its shareholders while reinforcing its operational strength in producing high-quality, low-cost metallurgical coal in central and southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. Ramaco continues to demonstrate confidence in its financial position by maintaining regular dividend payments.

Positive

• Declared a quarterly cash dividend of $0.1250 per share.
• Demonstrates strong commitment to returning value to shareholders.

Negative

• None.

News Market Reaction – METC

+2.89%

+2.89% Session move

In the trading session that priced this news, METC gained 2.89%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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LEXINGTON, Ky., April 12, 2023 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco" or the "Company") announced that its Board of Directors approved and declared a quarterly cash dividend of $0.1250 per share of common stock, payable in the second quarter of 2023.  The second quarter dividend is payable on June 15, 2023, to shareholders of record on June 1, 2023.

Ramaco Resources, Inc. (NASDAQ:METC) is an operator and developer of high-quality, low-cost metallurgical coal in central and southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. For more information about us, please visit our website at www.ramacoresources.com.

POINT OF CONTACT:

INVESTOR RELATIONS: info@ramacocoal.com or 859-244-7455

View original content:https://www.prnewswire.com/news-releases/ramaco-resources-inc-announces-second-quarter-2023-cash-dividend-301795924.html

SOURCE Ramaco Resources, Inc.

FAQ

What is the dividend amount declared by Ramaco Resources for Q2 2023?

Ramaco Resources declared a dividend of $0.1250 per share for Q2 2023.

When will the dividend be paid to shareholders of Ramaco Resources?

The dividend will be paid on June 15, 2023.

What is the record date for Ramaco Resources' Q2 2023 dividend?

The record date for the dividend is June 1, 2023.

How often does Ramaco Resources pay dividends?

Ramaco Resources pays dividends quarterly.

What is Ramaco Resources' stock symbol?

Ramaco Resources trades under the stock symbol METC.