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

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

NACCO Industries Declares Quarterly Dividend And Announces Stock Repurchase Program

February 14, 2018 5:27 PM EST

CLEVELAND, Feb. 14, 2018 /PRNewswire/ -- NACCO Industries, Inc. (NYSE: NC) today announced that the Board of Directors declared a regular cash dividend of 16.5 cents per share.  The dividend is payable on both the Class A and Class B Common Stock, and will be paid March 15, 2018 to stockholders of record at the close of business on March 1, 2018.

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... More