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NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND

NACCO Industries (NYSE: NC) announced a regular cash dividend of 20.75 cents per share, payable on December 15, 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.

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dividends

Rhea-AI Summary

NACCO Industries (NYSE: NC) announced a regular cash dividend of 20.75 cents per share, payable on December 15, 2022. This dividend applies to both Class A and Class B Common Stock, with stockholders of record by November 30, 2022 eligible to receive it. The announcement underscores NACCO's commitment to returning value to its shareholders.

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Positive

  • Regular cash dividend of 20.75 cents per share enhances shareholder value.
  • Dividend payment scheduled for December 15, 2022, reinforces company confidence.

Negative

  • None.
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-7.65% session move Open Argus
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News Market Reaction – NC

The recorded move for NC in the trading session of this news was -7.65%.

Data tracked by StockTitan Argus. Session date unavailable.

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CLEVELAND, Nov. 8, 2022 /PRNewswire/ -- NACCO Industries® (NYSE: NC) announced today that the Board of Directors declared a regular cash dividend of 20.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid December 15, 2022 to stockholders of record at the close of business on November 30, 2022.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount announced by NACCO Industries?

NACCO Industries announced a dividend of 20.75 cents per share.

When is the dividend payment date for NACCO Industries?

The dividend is payable on December 15, 2022.

Who will receive the dividend from NACCO Industries?

Stockholders of record at the close of business on November 30, 2022, will receive the dividend.

How often does NACCO Industries pay dividends?

NACCO Industries typically pays dividends quarterly.

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