United States Lime & Minerals Inc (NASDAQ:USLM) declared a quarterly dividend on Wednesday, July 29th, Zacks reports. Shareholders of record on Friday, August 28th will be given a dividend of 0.16 per share by the construction company on Friday, September 18th. This represents a $0.64 annualized dividend and a yield of 0.68%. The ex-dividend date is Thursday, August 27th.
United States Lime & Minerals has raised its dividend payment by an average of 8.0% per year over the last three years.
NASDAQ USLM traded down $0.14 during trading on Friday, hitting $93.92. 22 shares of the company traded hands, compared to its average volume of 3,689. The company has a current ratio of 11.37, a quick ratio of 9.79 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $83.16 and a 200 day simple moving average of $81.55. The company has a market capitalization of $529.56 million, a P/E ratio of 19.97 and a beta of 0.63. United States Lime & Minerals has a 12 month low of $60.99 and a 12 month high of $104.00.
USLM has been the topic of a number of recent analyst reports. BidaskClub upgraded United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday. ValuEngine raised United States Lime & Minerals from a “sell” rating to a “hold” rating in a research report on Thursday, April 2nd.
In related news, Director Richard W. Cardin sold 500 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $79.00, for a total value of $39,500.00. Following the completion of the transaction, the director now owns 3,566 shares in the company, valued at approximately $281,714. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.83% of the company’s stock.
United States Lime & Minerals Company Profile
United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It operates through two segments, Lime and Limestone Operations, and Natural Gas Interests. The Lime and Limestone Operations segment extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry.
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