Warrior Met Coal Plans Quarterly Dividend of $0.08 (NYSE:HCC)

Warrior Met Coal (NYSE:HCC) declared a quarterly dividend on Monday, April 20th. Stockholders of record on Friday, May 1st will be given a dividend of 0.08 per share on Thursday, May 7th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Friday, May 1st.

Warrior Met Coal has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years. Warrior Met Coal has a payout ratio of 7.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Warrior Met Coal to earn $13.70 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 2.3%.

Warrior Met Coal Trading Up 1.8%

Shares of NYSE HCC opened at $87.93 on Tuesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.27 and a current ratio of 3.19. The business’s 50 day moving average price is $87.73 and its 200-day moving average price is $83.59. Warrior Met Coal has a fifty-two week low of $40.80 and a fifty-two week high of $105.35. The company has a market cap of $4.64 billion, a price-to-earnings ratio of 80.67 and a beta of 0.67.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.18). Warrior Met Coal had a net margin of 4.35% and a return on equity of 2.71%. The business had revenue of $383.99 million for the quarter, compared to analysts’ expectations of $381.72 million. During the same quarter in the previous year, the firm earned $0.15 EPS. Warrior Met Coal’s revenue was up 29.1% compared to the same quarter last year. On average, sell-side analysts expect that Warrior Met Coal will post 7.79 earnings per share for the current year.

Warrior Met Coal Company Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.