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CLEVELAND - NACCO Industries (NYSE:NC), a natural resources company with a market capitalization of $270 million, announced Thursday that its Board of Directors has declared a regular quarterly cash dividend of 25.25 cents per share. The dividend represents a 2.81% yield, with the company having raised dividends for six consecutive years.
The dividend will be paid on both Class A and Class B Common Stock on September 15, 2025, to stockholders of record at the close of business on September 2, 2025. According to InvestingPro, NACCO has maintained dividend payments for an impressive 55 consecutive years, with dividend growth of 11% over the last twelve months.
NACCO Industries operates in the natural resources sector, providing aggregates, minerals, fuels, and environmental solutions through its portfolio of businesses.
The announcement was made in a company press release statement issued Thursday.
In other recent news, NACCO Industries Inc. reported its second-quarter earnings for 2025, showcasing a mixed financial performance. The company achieved consolidated revenues of $68 million, representing a 30% increase compared to the previous year. This growth was primarily driven by the utility coal mining segment. Despite the revenue increase, NACCO Industries experienced a decline in net income, which fell to $3.3 million from $6 million in the prior year. Diluted earnings per share also saw a significant drop of 46%. Operational disruptions were cited as a factor impacting the overall financial performance. These recent developments highlight the challenges faced by NACCO Industries amidst its revenue growth.
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