NACCO Industries Declares Quarterly Dividend

NACCO Industries announced a regular cash dividend of 19.75 cents per share, affecting both Class A and Class B Common Stock.

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Rhea-AI Sentiment

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Rhea-AI Summary

NACCO Industries announced a regular cash dividend of 19.75 cents per share, affecting both Class A and Class B Common Stock. This dividend will be payable on September 15, 2021, to stockholders recorded by the close of business on August 31, 2021. This move highlights NACCO's commitment to returning value to its shareholders. The company's diverse portfolio in natural resources supports its financial stability, allowing it to sustain dividend payments.

Positive

Regular cash dividend of 19.75 cents per share declared.
Dividend demonstrates NACCO's commitment to shareholder returns.
Dividend payment supports investor confidence.

Negative

None.

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News Market Reaction – NC

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08/18/2021 - 05:20 PM

CLEVELAND, Aug. 18, 2021 /PRNewswire/ -- NACCO Industries^® (NYSE: NC) announced today that the Board of Directors declared a regular cash dividend of 19.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid September 15, 2021 to stockholders of record at the close of business on August 31, 2021.

About NACCO Industries

NACCO Industries^® brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. Learn more about our companies at nacco.com or get investor information at ir.nacco.com.

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SOURCE NACCO Industries

FAQ

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What is the dividend amount declared by NACCO Industries?

NACCO Industries declared a dividend of 19.75 cents per share.

When will the dividend be paid to shareholders?

The dividend will be paid on September 15, 2021.

What is the record date for receiving the dividend from NACCO?

The record date for the dividend is August 31, 2021.

How often does NACCO Industries pay dividends?

NACCO Industries pays dividends quarterly.

Is the dividend sustainable for NACCO Industries?

The dividend's sustainability is supported by NACCO's diverse portfolio in natural resources.

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NACCO Industries Declares Quarterly Dividend