Warrior Met Coal (HCC) To Go Ex-Dividend on August 10th

Warrior Met Coal (NYSE:HCC) announced a quarterly dividend on Tuesday, July 28th. Investors of record on Monday, August 10th will be paid a dividend of 0.08 per share on Monday, August 17th. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Monday, August 10th.

Warrior Met Coal has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Warrior Met Coal has a dividend payout ratio of 7.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Warrior Met Coal to earn $6.58 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 4.9%.

Warrior Met Coal Stock Performance

NYSE:HCC opened at $79.08 on Thursday. The company has a current ratio of 3.48, a quick ratio of 2.42 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $4.18 billion, a P/E ratio of 30.18 and a beta of 0.65. The firm has a 50-day moving average price of $87.76 and a two-hundred day moving average price of $88.80. Warrior Met Coal has a twelve month low of $49.07 and a twelve month high of $110.39.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.04). The business had revenue of $458.59 million during the quarter, compared to analysts’ expectations of $467.57 million. Warrior Met Coal had a net margin of 9.36% and a return on equity of 6.44%. The firm’s revenue for the quarter was up 52.9% on a year-over-year basis. During the same period last year, the company earned ($0.16) EPS. As a group, research analysts expect that Warrior Met Coal will post 5.83 earnings per share for the current fiscal year.

Warrior Met Coal Company Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.