Ramaco Resources, Inc. produces and sells metallurgical coal. The company's development portfolio includes the Elk Creek project consisting of approximately 20,200 acres of controlled mineral and 16 seams located in southern West Virginia; the Berwind property comprising approximately 41,300 acres of controlled mineral and an area of Squire Jim seam coal deposits, which is situated on the border of West Virginia and Virginia; the Knox Creek property consisting of approximately 62,100 acres of controlled mineral that is located in Virginia; and the RAM Mine property comprising approximately 1,570 acres of controlled mineral, which is situated in southwestern Pennsylvania. The company serves blast furnace steel mills and coke plants in the United States, as well as international metallurgical coal consumers. The company was founded in 2015 and is headquartered in Lexington, Kentucky.
Ramaco Resources Dividend Announcement
• Ramaco Resources announced a quarterly dividend of $0.14 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-30
• Ramaco Resources annual dividend for 2024 was $0.41
• Ramaco Resources annual dividend for 2023 was $0.50
• Ramaco Resources's trailing twelve-month (TTM) dividend yield is 5.29%
• Ramaco Resources's payout ratio for the trailing twelve months (TTM) is 54.69%
Ramaco Resources Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | $0.14 | quarterly | 2024-09-13 |
2024-05-31 | $0.14 | quarterly | 2024-06-15 |
2024-02-29 | $0.14 | quarterly | 2024-03-15 |
2023-11-30 | $0.12 | quarterly | 2023-12-15 |
2023-08-31 | $0.12 | quarterly | 2023-09-15 |
2023-05-31 | $0.12 | quarterly | 2023-06-15 |
2023-02-28 | $0.12 | quarterly | 2023-03-15 |
2022-11-30 | $0.11 | quarterly | 2022-12-15 |
2022-08-31 | $0.11 | quarterly | 2022-09-15 |
2022-05-31 | $0.11 | quarterly | 2022-06-15 |
2022-02-28 | $0.11 | quarterly | 2022-03-15 |
Ramaco Resources Dividend per year
Ramaco Resources Dividend growth
Ramaco Resources Dividend Yield
Ramaco Resources current trailing twelve-month (TTM) dividend yield is 5.29%. Interested in purchasing Ramaco Resources stock? Use our calculator to estimate your expected dividend yield:
Ramaco Resources Financial Ratios
Ramaco Resources Dividend FAQ
Other factors to consider when evaluating Ramaco Resources 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: Ramaco Resources'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, Ramaco Resources 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, Ramaco Resources 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 Ramaco Resources 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: Ramaco Resources 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, Ramaco Resources distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ramaco Resources 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 Ramaco Resources'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 Ramaco Resources'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.