United States Lime & Minerals, Inc. to Issue Quarterly Dividend of $0.05 (NASDAQ:USLM)

United States Lime & Minerals, Inc. (NASDAQ:USLM) declared a quarterly dividend on Wednesday, July 31st, Zacks reports. Investors of record on Friday, August 23rd will be given a dividend of 0.05 per share by the construction company on Friday, September 13th. This represents a $0.20 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date is Friday, August 23rd.

United States Lime & Minerals has raised its dividend by an average of 7.7% annually over the last three years.

United States Lime & Minerals Stock Performance

Shares of United States Lime & Minerals stock traded down $4.96 on Friday, hitting $79.97. The company had a trading volume of 8,322 shares, compared to its average volume of 112,657. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 6.08 and a beta of 0.85. United States Lime & Minerals has a 1 year low of $37.11 and a 1 year high of $87.13. The stock has a 50 day moving average of $73.41 and a 200-day moving average of $63.27.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Tuesday, April 30th. The construction company reported $0.78 EPS for the quarter. The firm had revenue of $71.69 million during the quarter. United States Lime & Minerals had a return on equity of 21.82% and a net margin of 29.87%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded United States Lime & Minerals from a “hold” rating to a “buy” rating in a research report on Friday.

Insider Activity

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 36,945 shares of United States Lime & Minerals stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $67.34, for a total transaction of $2,487,728.52. Following the completion of the sale, the chief executive officer now owns 151,900 shares of the company’s stock, valued at $10,228,338.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Timothy W. Byrne sold 36,945 shares of the business’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $67.34, for a total value of $2,487,728.52. Following the completion of the sale, the chief executive officer now owns 151,900 shares of the company’s stock, valued at approximately $10,228,338.40. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Timothy W. Byrne sold 1,000 shares of the business’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $66.06, for a total value of $66,064.00. Following the completion of the sale, the chief executive officer now directly owns 147,715 shares of the company’s stock, valued at approximately $9,758,643.76. The disclosure for this sale can be found here. 2.16% of the stock is owned by company insiders.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.