United States Lime & Minerals, Inc. (USLM) to Issue Quarterly Dividend of $0.06 on March 13th

United States Lime & Minerals, Inc. (NASDAQ:USLM) declared a quarterly dividend on Monday, February 2nd. Shareholders of record on Friday, February 20th will be given a dividend of 0.06 per share by the construction company on Friday, March 13th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, February 20th.

United States Lime & Minerals has decreased its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 2 years. United States Lime & Minerals has a payout ratio of 4.8% indicating that its dividend is sufficiently covered by earnings.

United States Lime & Minerals Stock Down 4.4%

USLM opened at $118.13 on Wednesday. The stock has a market capitalization of $3.38 billion, a price-to-earnings ratio of 25.30 and a beta of 0.98. The firm has a 50 day moving average price of $125.38 and a 200-day moving average price of $122.55. United States Lime & Minerals has a twelve month low of $80.47 and a twelve month high of $137.96.

United States Lime & Minerals (NASDAQ:USLM) last issued its earnings results on Monday, February 2nd. The construction company reported $1.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.13 by ($0.07). The company had revenue of $87.94 million during the quarter, compared to analysts’ expectations of $97.00 million. United States Lime & Minerals had a return on equity of 23.73% and a net margin of 36.03%.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc (NASDAQ:USLM) is a producer and supplier of lime and limestone products in the United States. The company operates quarries and processing facilities across the country, specializing in the extraction and production of quicklime, hydrated lime, limestone aggregates and dolomite for use in steel manufacturing, construction, environmental remediation, agriculture and other industrial applications.

With a network of quarries concentrated in Florida and additional mining and distribution sites in other states, United States Lime & Minerals combines kiln operations and grinding plants to offer a comprehensive range of calcium‐ and magnesium‐based products.