United States Lime & Minerals, Inc. Announces Quarterly Dividend of $0.06 (NASDAQ:USLM)

United States Lime & Minerals, Inc. (NASDAQ:USLMGet Free Report) declared a quarterly dividend on Wednesday, July 29th. Stockholders of record on Friday, August 21st will be paid a dividend of 0.06 per share by the construction company on Friday, September 11th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, August 21st.

United States Lime & Minerals has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 2 years. United States Lime & Minerals has a dividend payout ratio of 4.8% meaning its dividend is sufficiently covered by earnings.

United States Lime & Minerals Trading Down 0.7%

NASDAQ:USLM opened at $113.00 on Thursday. The business’s fifty day moving average price is $107.19 and its 200 day moving average price is $116.24. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of 24.89 and a beta of 0.72. United States Lime & Minerals has a 1-year low of $94.76 and a 1-year high of $141.43.

United States Lime & Minerals (NASDAQ:USLMGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.10). The business had revenue of $99.13 million for the quarter, compared to analyst estimates of $108.00 million. United States Lime & Minerals had a return on equity of 21.28% and a net margin of 35.40%.

About United States Lime & Minerals

(Get Free Report)

United States Lime & Minerals, Inc (NASDAQ:USLM) is a producer and supplier of lime and limestone products in the United States. The company operates quarries and processing facilities across the country, specializing in the extraction and production of quicklime, hydrated lime, limestone aggregates and dolomite for use in steel manufacturing, construction, environmental remediation, agriculture and other industrial applications.

With a network of quarries concentrated in Florida and additional mining and distribution sites in other states, United States Lime & Minerals combines kiln operations and grinding plants to offer a comprehensive range of calcium‐ and magnesium‐based products.

See Also

Dividend History for United States Lime & Minerals (NASDAQ:USLM)

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