United States Lime & Minerals Inc Plans Quarterly Dividend of $0.16 (NASDAQ:USLM)

United States Lime & Minerals Inc (NASDAQ:USLM) declared a quarterly dividend on Wednesday, October 28th, Zacks reports. Shareholders of record on Friday, November 20th will be given a dividend of 0.16 per share by the construction company on Friday, December 11th. This represents a $0.64 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date is Thursday, November 19th.

United States Lime & Minerals has increased its dividend payment by 8.0% over the last three years and has increased its dividend annually for the last 1 consecutive years.

United States Lime & Minerals stock traded up $3.02 during mid-day trading on Friday, reaching $96.67. 6,349 shares of the company were exchanged, compared to its average volume of 6,029. The company has a fifty day simple moving average of $93.41 and a 200-day simple moving average of $86.47. United States Lime & Minerals has a 12 month low of $60.99 and a 12 month high of $104.00. The firm has a market cap of $544.06 million, a PE ratio of 20.52 and a beta of 0.58.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings data on Wednesday, July 29th. The construction company reported $1.08 EPS for the quarter. United States Lime & Minerals had a return on equity of 11.67% and a net margin of 16.85%. The firm had revenue of $37.55 million for the quarter.

In other United States Lime & Minerals news, Director Richard W. Cardin sold 500 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $93.36, for a total value of $46,680.00. Following the sale, the director now owns 2,266 shares of the company’s stock, valued at approximately $211,553.76. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Timothy W. Byrne sold 5,390 shares of the firm’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $92.99, for a total value of $501,216.10. Following the completion of the sale, the chief executive officer now directly owns 36,678 shares in the company, valued at approximately $3,410,687.22. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,063 shares of company stock worth $563,686. Company insiders own 2.83% of the company’s stock.

Separately, BidaskClub upgraded United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Thursday, October 22nd.

United States Lime & Minerals Company Profile

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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Dividend History for United States Lime & Minerals (NASDAQ:USLM)

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