United States Lime & Minerals (USLM) Raises Quarterly Dividend 18.5% to $0.16; 0.7% Yield

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United States Lime & Minerals Reports Fourth Quarter and Full Year 2019 Results and Declares Increased Regular Quarterly Cash Dividend

January 30, 2020 4:05 PM EST

DALLAS, Jan. 30, 2020 (GLOBE NEWSWIRE) -- United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported fourth quarter and full year 2019 results:  The Companys revenues in the fourth quarter 2019 were $38.0 million, compared to $34.6 million in the fourth quarter 2018, an increase of $3.3 million, or 9.6%.  For the full year 2019, revenues were $158.3 million, compared to $144.4 million in the full year 2018, an increase of $13.8 million, or 9.6%.

The Companys gross profit was $9.8 million in the fourth quarter 2019, compared to $6.6 million in the fourth quarter 2018, an increase of $3.2 million, or 47.7%.  Gross profit in the full year 2019 was $41.7 million, an... More