NACCO Industries (NYSE:NC) Issues Earnings Results

NACCO Industries (NYSE:NC) posted its earnings results on Wednesday. The company reported $1.02 earnings per share (EPS) for the quarter, Zacks reports. NACCO Industries had a positive return on equity of 8.87% and a negative net margin of 7.94%. The firm had revenue of $70.42 million for the quarter.

NACCO Industries Stock Up 4.3 %

NC opened at $33.67 on Friday. The stock has a market capitalization of $245.65 million, a P/E ratio of -14.51 and a beta of 0.94. NACCO Industries has a one year low of $25.19 and a one year high of $34.74. The business’s 50-day simple moving average is $31.56 and its 200-day simple moving average is $29.77. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.39 and a current ratio of 3.76.

NACCO Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a dividend of $0.2275 per share. This represents a $0.91 annualized dividend and a yield of 2.70%. The ex-dividend date is Monday, March 3rd. NACCO Industries’s payout ratio 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.