Nacco Industries Raises Quarterly Dividend by 11%

Dow Jones

May 15

By Colin Kellaher

Nacco Industries' board has raised the mining company's quarterly dividend by 11%, to 25.25 cents from 22.75 cents.

The new payout, equal to $1.01 a year, represents an annual yield of 2.87% based on Wednesday's closing price of $35.20, up from 2.59%.

The Cleveland company on Thursday said the increased dividend is payable June 16 to shareholders of record May 30.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

May 15, 2025 06:40 ET (10:40 GMT)

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