NACCO Industries (NYSE:NC) Releases Quarterly Earnings Results

NACCO Industries (NYSE:NC) posted its quarterly earnings results on Wednesday. The company reported $1.02 earnings per share for the quarter, Zacks reports. NACCO Industries had a positive return on equity of 8.87% and a negative net margin of 7.94%.

NACCO Industries Price Performance

NYSE NC traded down $0.01 during trading hours on Wednesday, reaching $32.40. The company’s stock had a trading volume of 7,536 shares, compared to its average volume of 15,031. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.39 and a current ratio of 3.76. The stock has a market cap of $236.39 million, a PE ratio of -13.96 and a beta of 0.94. The company’s 50-day moving average is $31.38 and its two-hundred day moving average is $29.72. NACCO Industries has a fifty-two week low of $25.19 and a fifty-two week high of $34.74.

NACCO Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a $0.2275 dividend. This represents a $0.91 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Monday, March 3rd. NACCO Industries’s dividend payout ratio (DPR) is -39.22%.

About NACCO Industries

NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three 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.