NACCO Industries (NYSE:NC) Issues Earnings Results

NACCO Industries (NYSE:NC - Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $1.02 EPS for the quarter, Zacks reports. The firm had revenue of $70.42 million during the quarter. NACCO Industries had a positive return on equity of 8.87% and a negative net margin of 7.94%.

NACCO Industries Stock Down 0.8 %

NC traded down $0.28 during trading on Friday, reaching $33.33. 9,276 shares of the stock were exchanged, compared to its average volume of 14,975. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.39 and a current ratio of 3.76. The stock's 50 day moving average price is $31.66 and its two-hundred day moving average price is $29.84. NACCO Industries has a twelve month low of $25.19 and a twelve month high of $34.74. The stock has a market cap of $243.21 million, a P/E ratio of -14.37 and a beta of 0.95.

NACCO Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.2275 dividend. This represents a $0.91 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Monday, March 3rd. NACCO Industries's payout ratio is presently 19.87%.

NACCO Industries Company Profile

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 with power generation companies.