NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

NACCO Industries (NYSE: NC) declared a regular cash dividend of 20.75 cents per share on August 18, 2022. This dividend applies to both Class A and Class B Common Stock and will be payable on September 15, 2022 to stockholders of record by August 31, 2022. This move reflects the company's commitment to returning value to its shareholders, reinforcing investor confidence in its financial stability.

Positive

• Declaration of a regular cash dividend of 20.75 cents per share.
• Dividend payment indicates the company's strong financial position and commitment to shareholders.

Negative

• None.

CLEVELAND, Aug. 18, 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 September 15, 2022 to stockholders of record at the close of business on August 31, 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

What is the dividend amount declared by NACCO Industries for NC stock?

The dividend amount declared is 20.75 cents per share.

When will the dividend be paid to shareholders of NACCO Industries?

The dividend will be paid on September 15, 2022.

Who qualifies for the NACCO Industries dividend payment?

Stockholders of record as of August 31, 2022, qualify for the dividend.

Is the dividend declared by NACCO Industries sustainable?

The declaration of a dividend suggests confidence in the company's ongoing financial performance.