Ramaco Resources, Inc. (METC) Raises Quarterly Dividend 94% to $0.11; 2.9% Yield

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Go back to Ramaco Resources, Inc. (METC) Raises Quarterly Dividend 94% to $0.11; 2.9% Yield

Ramaco Resources, Inc. Announces an Increase of its 2022 Dividend by 100%

February 18, 2022 8:00 AM EST

LEXINGTON, Ky., Feb. 18, 2022 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) announced that its Board of Directors ("Board") approved a 100% increase in its initial regular quarterly dividend to $5.0 million from the formerly approved $2.5 million quarterly dividend that was announced in December 2021. This will involve a commensurate increase in its annual base dividend to $20 million from $10 million. Specifically, the first quarter dividend will be paid on March 15, 2022, to shareholders of record on March 1, 2022 in the amount of approximately $0.11 per share, which annualizes to... More