United States Lime & Minerals Inc (NASDAQ:USLM) announced a quarterly dividend on Wednesday, July 29th, Zacks reports. Investors 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 dividend yield of 0.68%. The ex-dividend date of this dividend 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 up $1.02 during trading on Friday, hitting $94.06. The company’s stock had a trading volume of 9,796 shares, compared to its average volume of 3,689. The firm has a market cap of $529.56 million, a P/E ratio of 19.97 and a beta of 0.63. United States Lime & Minerals has a 52 week low of $60.99 and a 52 week high of $104.00. The firm has a 50 day moving average price of $83.16 and a 200 day moving average price of $81.55. The company has a quick ratio of 9.79, a current ratio of 11.37 and a debt-to-equity ratio of 0.01.
United States Lime & Minerals (NASDAQ:USLM) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $0.98 earnings per share (EPS) for the quarter. United States Lime & Minerals had a net margin of 16.85% and a return on equity of 11.68%. The company had revenue of $38.44 million during the quarter.
In related news, Director Richard W. Cardin sold 500 shares of United States Lime & Minerals stock in a transaction dated Thursday, May 7th. The stock was 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 directly owns 3,566 shares of the company’s stock, valued at $281,714. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.83% of the stock is currently owned by corporate insiders.
Several equities research analysts have recently weighed in on the stock. ValuEngine raised shares of United States Lime & Minerals from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. BidaskClub raised shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday.
About United States Lime & Minerals
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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