NACCO Industries Declares Quarterly Dividend
NACCO Industries, Inc. (NYSE: NC) announced a regular cash dividend of 19.25 cents per share, payable on September 15, 2020, to stockholders of record by the close of business on September 1, 2020.
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
NACCO Industries, Inc. (NYSE: NC) announced a regular cash dividend of 19.25 cents per share, payable on September 15, 2020, to stockholders of record by the close of business on September 1, 2020. This dividend applies to both Class A and Class B Common Stock, reflecting the company's commitment to returning income to its shareholders. NACCO operates in the mining and natural resources sectors through three main segments: Coal Mining, North American Mining, and Minerals Management, with a focus on sustainable income generation.
Positive
- Regular cash dividend of 19.25 cents per share announced, demonstrating commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – NC
The recorded move for NC in the trading session of this news was +2.10%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CLEVELAND, Aug. 19, 2020 /PRNewswire/ -- NACCO Industries, Inc.® (NYSE: NC) today announced that the Board of Directors declared a regular cash dividend of 19.25 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid September 15, 2020 to stockholders of record at the close of business on September 1, 2020.
About NACCO Industries, Inc.
NACCO Industries, Inc.® is the public holding company for The North American Coal Corporation®. The Company and its affiliates operate in the mining and natural resources industries through three operating 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 and activated carbon producers pursuant to a service-based business model. The North American Mining segment provides value-added contract mining and other services for producers of aggregates, lithium and other minerals. The Minerals Management segment promotes the development of the Company's oil, gas and coal reserves, generating income primarily from royalty-based lease payments from third parties. In addition, the Company has launched a new business providing stream and wetland mitigation solutions. For more information about NACCO Industries, visit the Company's website at www.nacco.com.
****
View original content to download multimedia:http://www.prnewswire.com/news-releases/nacco-industries-declares-quarterly-dividend-301115136.html
SOURCE NACCO Industries, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.