NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

NACCO Industries (NYSE: NC) has announced a regular cash dividend of 22.75 cents per share, applicable to both Class A and Class B Common Stock. The dividend will be paid on September 16, 2024, to stockholders of record as of the close of business on September 3, 2024. NACCO Industries operates in the natural resources sector, providing aggregates, minerals, reliable fuels, and environmental solutions through its NACCO Natural Resources businesses.

Positive

Regular dividend payment indicates financial stability
Dividend of 22.75 cents per share provides income for shareholders
Equal treatment of Class A and Class B Common Stock in dividend distribution

Negative

None.

News Market Reaction

-0.55%

1 alert

-0.55% News Effect

On the day this news was published, NC declined 0.55%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

08/22/2024 - 02:15 PM

CLEVELAND, Aug. 22, 2024 /PRNewswire/ -- NACCO Industries^® (NYSE: NC) announced today that the Board of Directors declared a regular cash dividend of 22.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid September 16, 2024 to stockholders of record at the close of business on September 3, 2024.

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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