United States Lime & Minerals, Inc. Plans Quarterly Dividend of $0.06 (NASDAQ:USLM)

United States Lime & Minerals, Inc. (NASDAQ:USLM) announced a quarterly dividend on Monday, February 2nd. Stockholders 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) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, February 20th.

United States Lime & Minerals has decreased its dividend 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 Price Performance

USLM traded down $5.64 on Tuesday, reaching $117.98. 39,013 shares of the company traded hands, compared to its average volume of 86,284. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 25.93 and a beta of 0.98. The stock’s 50 day moving average price is $125.48 and its 200-day moving average price is $122.45. United States Lime & Minerals has a 52-week low of $80.47 and a 52-week high of $137.96.

United States Lime & Minerals (NASDAQ:USLM) last posted its quarterly earnings results on Monday, February 2nd. The construction company reported $1.06 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.07). The company had revenue of $87.94 million for the quarter, compared to analysts’ expectations of $97.00 million. United States Lime & Minerals had a net margin of 35.83% and a return on equity of 23.82%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of United States Lime & Minerals in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, United States Lime & Minerals has an average rating of “Buy”.

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.