NACCO Industries (NYSE:NC) Releases Quarterly Earnings Results

NACCO Industries (NYSE:NC) posted its quarterly earnings results on Wednesday. The company reported $1.02 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%.

NACCO Industries Stock Performance

NC stock traded down $0.01 during midday trading on Wednesday, reaching $32.40. The company had a trading volume of 7,536 shares, compared to its average volume of 15,031. The firm has a market capitalization of $236.39 million, a PE ratio of -13.96 and a beta of 0.94. The stock has a 50 day moving average price of $31.38 and a 200 day moving average price of $29.72. NACCO Industries has a fifty-two week low of $25.19 and a fifty-two week high of $34.74. The company has a quick ratio of 2.39, a current ratio of 3.76 and a debt-to-equity ratio of 0.17.

NACCO Industries Dividend Announcement

The firm 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. The ex-dividend date is Monday, March 3rd. This represents a $0.91 dividend on an annualized basis and a yield of 2.81%. NACCO Industries’s dividend payout ratio is currently -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.