Ramaco Resources, Inc. Announces $5.0 Million Third-Quarter Dividend

Rhea-AI Summary

Ramaco Resources, Inc. (NASDAQ: METC) has declared a $5.0 million cash dividend for the third quarter of 2022, amounting to approximately $0.11 per common share. This dividend will be distributed on September 15, 2022, to shareholders on record by September 1, 2022. The company continues to focus on operating and developing high-quality metallurgical coal in West Virginia, Virginia, and Pennsylvania.

Positive

• $5.0 million quarterly cash dividend announced.
• Continued focus on high-quality, low-cost metallurgical coal production.

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• None.

LEXINGTON, Ky., July 14, 2022 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco" or the "Company") announced that its Board of Directors approved the payment of a $5.0 million quarterly cash dividend in the third quarter of 2022. Specifically, the third quarter dividend in the amount of approximately $0.11 per common share will be paid on September 15, 2022, to shareholders of record on September 1, 2022.

Ramaco Resources, Inc. (NASDAQ:METC) is an operator and developer of high-quality, low-cost metallurgical coal in central and southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. For more information about us, please visit our website at www.ramacoresources.com.

POINT OF CONTACT:

INVESTOR RELATIONS: info@ramacocoal.com or 859-244-7455

View original content:https://www.prnewswire.com/news-releases/ramaco-resources-inc-announces-5-0-million-third-quarter-dividend-301587126.html

SOURCE Ramaco Resources, Inc.

FAQ

What is the dividend amount for Ramaco Resources (METC) in Q3 2022?

Ramaco Resources announced a dividend of approximately $0.11 per common share for Q3 2022.

When will Ramaco Resources (METC) pay the Q3 2022 dividend?

The dividend will be paid on September 15, 2022.

What is the record date for the Q3 2022 dividend for METC?

The record date for the Q3 2022 dividend is September 1, 2022.

Is the dividend from Ramaco Resources sustainable?

The press release does not provide specific information regarding the sustainability of the dividend.