United States Lime & Minerals, Inc. (NASDAQ:USLM - Get Free Report) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.05 per share by the construction company on Friday, December 13th. This represents a $0.20 annualized dividend and a yield of 0.18%. The ex-dividend date of this dividend is Friday, November 22nd.
United States Lime & Minerals has raised its dividend payment by an average of 7.7% annually over the last three years.
United States Lime & Minerals Trading Down 3.8 %
Shares of USLM stock traded down $4.32 during trading hours on Friday, reaching $108.46. The company's stock had a trading volume of 134,452 shares, compared to its average volume of 98,026. United States Lime & Minerals has a one year low of $37.11 and a one year high of $114.75. The stock has a market capitalization of $3.10 billion, a P/E ratio of 32.17 and a beta of 0.85. The firm's fifty day simple moving average is $92.25 and its 200 day simple moving average is $78.85.
United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter. United States Lime & Minerals had a net margin of 32.60% and a return on equity of 23.74%. The business had revenue of $76.55 million for the quarter.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of United States Lime & Minerals from a "hold" rating to a "buy" rating in a research report on Tuesday, October 22nd.
Get Our Latest Research Report on USLM
Insiders Place Their Bets
In related news, Director Richard W. Cardin sold 12,000 shares of United States Lime & Minerals stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $77.88, for a total transaction of $934,560.00. Following the sale, the director now directly owns 14,300 shares in the company, valued at $1,113,684. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.16% of the company's stock.
About United States Lime & Minerals
(
Get Free Report)
United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.
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