NACCO Industries (NC) Dividends & Splits

NACCO Industries Inc (NC) is a diversified company that operates in the consumer, commercial, and mining sectors. The company has a long history of providing consistent dividends to its shareholders. As of the most recent dividend payment date, NACCO Industries Inc had a dividend yield of 2.31%. The dividend yield is a measure of the annual dividend payment divided by the stock's price. In this case, NACCO Industries Inc pays out $1.68 per share in dividends annually. The company's payout ratio, which measures the percentage of profits paid out as dividends, is 176.19%. This indicates that NACCO Industries Inc pays out more in dividends than it earns in net income.

NACCO Industries Inc has also had a history of stock splits. A stock split is when a company's shares are divided into multiple shares. NACCO Industries Inc has had one split in its history. The split occurred on November 8, 2006, and was a 2-for-1 split. This means that for each share of NACCO Industries Inc owned before the split, shareholders received two shares after the split. The split multiple, which is the ratio of shares received in the split, is 2. The split was done to make the shares more affordable for individual investors.

When it comes to dividends, NACCO Industries Inc has a dividend growth rate of 10.9%. This means that the company has been increasing its dividend payment by an average of 10.9% per year. The dividend yield range for NACCO Industries Inc is 1.29% to 3.21%. This range represents the lowest and highest dividend yields that the company has had in the past. The dividend payment date for NACCO Industries Inc is typically in March. The company pays its dividends on a quarterly basis, meaning that shareholders receive a dividend payment every three months.