United States Lime & Minerals, Inc. (USLM) to Issue Quarterly Dividend of $0.06 on December 12th

United States Lime & Minerals, Inc. (NASDAQ:USLM) declared a quarterly dividend on Wednesday, October 29th. Investors of record on Friday, November 21st will be paid a dividend of 0.06 per share by the construction company on Friday, December 12th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, November 21st.

United States Lime & Minerals has decreased its dividend payment by an average of 0.3%per year over the last three years and has increased its dividend annually for the last 2 consecutive years. United States Lime & Minerals has a payout ratio of 4.8% meaning its dividend is sufficiently covered by earnings.

United States Lime & Minerals Stock Down 0.5%

NASDAQ USLM opened at $116.07 on Wednesday. The stock has a market capitalization of $3.32 billion, a PE ratio of 25.51 and a beta of 1.02. United States Lime & Minerals has a 12-month low of $80.47 and a 12-month high of $159.53. The company has a 50 day moving average price of $125.57 and a two-hundred day moving average price of $113.62.

United States Lime & Minerals (NASDAQ:USLM) last issued its quarterly earnings data on Wednesday, October 29th. The construction company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.15. United States Lime & Minerals had a net margin of 35.83% and a return on equity of 24.61%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of United States Lime & Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of United States Lime & Minerals in a report on Monday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, United States Lime & Minerals presently has a consensus rating of “Buy”.

About United States Lime & Minerals

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.