United States Lime & Minerals, Inc. (USLM) to Issue Quarterly Dividend of $0.05 on December 13th

United States Lime & Minerals, Inc. (NASDAQ:USLM) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Investors of record on Friday, November 22nd will be given a dividend of 0.05 per share by the construction company on Friday, December 13th. This represents a $0.20 annualized dividend and a yield of 0.18%. The ex-dividend date of this dividend is Friday, November 22nd.

United States Lime & Minerals has increased its dividend payment by an average of 7.7% annually over the last three years.

United States Lime & Minerals Stock Down 0.3 %

Shares of NASDAQ:USLM traded down $0.30 on Friday, reaching $112.48. 3,549 shares of the company’s stock were exchanged, compared to its average volume of 97,409. The business’s 50-day moving average is $92.25 and its two-hundred day moving average is $78.85. United States Lime & Minerals has a fifty-two week low of $37.11 and a fifty-two week high of $114.75. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of 32.17 and a beta of 0.85.

United States Lime & Minerals (NASDAQ:USLM) last posted its earnings results on Wednesday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter. The company had revenue of $76.55 million for the quarter. United States Lime & Minerals had a return on equity of 23.74% and a net margin of 32.60%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of United States Lime & Minerals from a “hold” rating to a “buy” rating in a research report on Tuesday, October 22nd.

Insider Transactions at United States Lime & Minerals

In related news, Director Richard W. Cardin sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total transaction of $934,560.00. Following the transaction, the director now directly owns 14,300 shares of the company’s stock, valued at approximately $1,113,684. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.16% of the stock is currently owned by insiders.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.