United States Lime & Minerals, Inc. (NASDAQ:USLM - Get Free Report) declared a quarterly dividend on Monday, February 3rd,RTT News reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.06 per share by the construction company on Friday, March 14th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date of this dividend is Friday, February 21st. This is a positive change from United States Lime & Minerals's previous quarterly dividend of $0.05.
United States Lime & Minerals has raised its dividend by an average of 16.0% annually over the last three years.
United States Lime & Minerals Price Performance
Shares of NASDAQ USLM traded down $4.68 during trading hours on Friday, hitting $106.80. 113,644 shares of the stock were exchanged, compared to its average volume of 138,482. United States Lime & Minerals has a one year low of $49.02 and a one year high of $159.53. The company's 50 day moving average is $129.45 and its 200 day moving average is $109.47. The firm has a market capitalization of $3.05 billion, a P/E ratio of 30.96 and a beta of 0.91.
United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The construction company reported $0.94 earnings per share (EPS) for the quarter. United States Lime & Minerals had a net margin of 32.60% and a return on equity of 22.95%.
Insider Buying and Selling
In related news, VP Nathan O'neill sold 1,750 shares of the business's stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total transaction of $244,527.50. Following the transaction, the vice president now directly owns 7,880 shares in the company, valued at $1,101,072.40. The trade was a 18.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Timothy W. Byrne sold 22,261 shares of the company's stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total value of $3,155,051.53. Following the completion of the transaction, the chief executive officer now directly owns 125,004 shares of the company's stock, valued at approximately $17,716,816.92. This trade represents a 15.12 % decrease in their position. The disclosure for this sale can be found here. 1.62% of the stock is currently owned by insiders.
Analyst Ratings Changes
Separately, StockNews.com raised United States Lime & Minerals from a "hold" rating to a "buy" rating in a research report on Tuesday, October 22nd.
Check Out Our Latest Report on United States Lime & Minerals
About United States Lime & Minerals
(
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United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.
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