NACCO Industries (NC) will hike its quarterly dividend by 2.6 percent to $0.1975 per share in 2021. The next dividend will be paid June 15, 2021 to stockholders of record at the close of business on June 1, 2021. The new dividend is equal to an annual rate of $0.79 per share.
NACCO Industries, Inc. is an operating holding company for The North American Coal Corporation, which mines coal primarily for use in power generation and provides value-added services for natural resource companies. Coal is surface mined from NACoal's mines in North Dakota, Texas, Mississippi, Louisiana and the Navajo Nation in New Mexico. NACCO and its predecessor public company, The North American Coal Corporation, have consistently paid dividends to public shareholders since 1956.