NACCO Industries (NC) Declares $0.165 Quarterly Dividend; $25M Stock Buyback

NACCO Industries (NYSE: NC) declared a quarterly dividend of $0.165 per share, or $0.66 annualized. The dividend will be payable on March 15, 2018, to stockholders of record on March 1, 2018, with an ex-dividend date of February 28, 2018. The annual yield on the dividend is 1.7 percent.

NACCO's Board of Directors also approved a stock repurchase program providing for the purchase of up to $25 million of the Company's outstanding Class A Common Stock through December 31, 2019. The Company's previously authorized share buyback program to purchase up to $50 million of the Company's outstanding Class A common stock expired on December 31, 2017. Under that program, NACCO repurchased approximately 109,300 shares for an aggregate purchase price of $6.0 million.

For a dividend history and other dividend-related data on NACCO Industries (NC) click here.

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