NACCO Industries, Inc., together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts for power generation companies and an activated carbon producer in North Dakota, Texas, Mississippi, and Louisiana in the United States, as well as Navajo Nation in New Mexico. The North American Mining segment provides value-added contract mining and other services for producers of aggregates, lithium, and other minerals; and contract mining services for independently owned mines and quarries in Florida, Texas, Arkansas, and Indiana. The Minerals Management segment is involved in the leasing of its royalty and mineral interests to third-party exploration and production companies, and other mining companies, which grants them the rights to explore, develop, mine, produce, market, and sell gas, oil, and coal. The company was founded in 1913 and is headquartered in Cleveland, Ohio.
NACCO Industries Dividend Announcement
• NACCO Industries announced a quarterly dividend of $0.23 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• NACCO Industries annual dividend for 2024 was $0.90
• NACCO Industries annual dividend for 2023 was $0.86
• NACCO Industries's trailing twelve-month (TTM) dividend yield is 2.94%
• NACCO Industries's payout ratio for the trailing twelve months (TTM) is -37.04%
• NACCO Industries's dividend growth over the last five years (2018-2023) was 5.44% year
• NACCO Industries's dividend growth over the last ten years (2013-2023) was -1.50% year
NACCO Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-02 | $0.23 | quarterly | 2024-12-16 |
2024-09-03 | $0.23 | quarterly | 2024-09-16 |
2024-05-31 | $0.23 | quarterly | 2024-06-17 |
2024-03-01 | $0.22 | quarterly | 2024-03-15 |
2023-11-29 | $0.22 | quarterly | 2023-12-15 |
2023-09-01 | $0.22 | quarterly | 2023-09-15 |
2023-05-30 | $0.22 | quarterly | 2023-06-15 |
2023-03-06 | $0.21 | quarterly | 2023-03-15 |
2022-11-29 | $0.21 | quarterly | 2022-12-15 |
2022-08-30 | $0.21 | quarterly | 2022-09-15 |
2022-05-27 | $0.21 | quarterly | 2022-06-15 |
2022-03-04 | $0.20 | quarterly | 2022-03-15 |
2021-11-29 | $0.20 | quarterly | 2021-12-15 |
2021-08-30 | $0.20 | quarterly | 2021-09-15 |
2021-05-28 | $0.20 | quarterly | 2021-06-15 |
2021-03-05 | $0.19 | quarterly | 2021-03-16 |
2020-11-27 | $0.19 | quarterly | 2020-12-15 |
2020-08-31 | $0.19 | quarterly | 2020-09-15 |
2020-05-28 | $0.19 | quarterly | 2020-06-15 |
2020-02-27 | $0.19 | quarterly | 2020-03-13 |
2019-11-27 | $0.19 | quarterly | 2019-12-13 |
2019-08-29 | $0.19 | quarterly | 2019-09-13 |
2019-05-30 | $0.19 | quarterly | 2019-06-14 |
2019-02-28 | $0.17 | quarterly | 2019-03-15 |
2018-11-29 | $0.17 | quarterly | 2018-12-14 |
2018-08-30 | $0.17 | quarterly | 2018-09-14 |
2018-05-31 | $0.17 | quarterly | 2018-06-15 |
2018-02-28 | $0.17 | quarterly | 2018-03-15 |
2017-11-30 | $0.17 | quarterly | 2017-12-15 |
2017-08-30 | $0.27 | quarterly | 2017-09-15 |
2017-05-30 | $0.27 | quarterly | 2017-06-15 |
2017-02-27 | $0.27 | quarterly | 2017-03-15 |
2016-11-29 | $0.27 | quarterly | 2016-12-15 |
2016-08-30 | $0.27 | quarterly | 2016-09-15 |
2016-05-27 | $0.27 | quarterly | 2016-06-15 |
2016-02-26 | $0.26 | quarterly | 2016-03-15 |
2015-11-27 | $0.26 | quarterly | 2015-12-15 |
2015-08-28 | $0.26 | quarterly | 2015-09-15 |
2015-05-28 | $0.26 | quarterly | 2015-06-15 |
2015-02-25 | $0.26 | quarterly | 2015-03-13 |
2014-11-26 | $0.26 | quarterly | 2014-12-15 |
2014-08-27 | $0.26 | quarterly | 2014-09-15 |
2014-05-28 | $0.26 | quarterly | 2014-06-13 |
2014-02-26 | $0.25 | quarterly | 2014-03-14 |
2013-11-26 | $0.25 | quarterly | 2013-12-13 |
2013-08-28 | $0.25 | quarterly | 2013-09-13 |
2013-05-29 | $0.25 | quarterly | 2013-06-14 |
2013-02-27 | $0.25 | quarterly | 2013-03-15 |
NACCO Industries Dividend per year
NACCO Industries Dividend growth
NACCO Industries Dividend Yield
NACCO Industries current trailing twelve-month (TTM) dividend yield is 2.94%. Interested in purchasing NACCO Industries stock? Use our calculator to estimate your expected dividend yield:
NACCO Industries Financial Ratios
NACCO Industries Dividend FAQ
Other factors to consider when evaluating NACCO Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: NACCO Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NACCO Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NACCO Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NACCO Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: NACCO Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NACCO Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NACCO Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of NACCO Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NACCO Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.