NACCO Industries (NC) Declares $0.19 Quarterly Dividend; $25M Buyback
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NACCO Industries (NYSE: NC) declared a quarterly dividend of $0.19 per share, or $0.76 annualized. The dividend will be payable on December 13, 2019, to stockholders of record on November 29, 2019, with an ex-dividend date of November 27, 2019. The annual yield on the dividend is 1.6 percent.
NACCO's Board of Directors also approved a stock purchase program providing for the purchase of up to $25 million of the Company's outstanding Class A Common Stock through December 31, 2021. NACCO's current program would have expired on December 31, 2019 but has been terminated and replaced by the new program. Since the adoption of the prior program in February 2018, the Company has expended approximately $3.0 million to purchase approximately 83,500 shares of Class A common stock.
For a dividend history and other dividend-related data on NACCO Industries (NC) click here.
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