CLEVELAND, May 13, 2020 /PRNewswire/ -- NACCO
Industries, Inc.® (NYSE: NC) today
announced that the Board of Directors increased its regular cash
dividend from 19.0 cents to
19.25 cents per share. The dividend
is payable on both the Class A and Class B Common Stock, and will
be paid June 15, 2020 to stockholders
of record at the close of business on May
29, 2020. The new dividend is equal to an annual rate
of $0.77 per share.
About NACCO Industries, Inc.
NACCO Industries,
Inc.® is the public holding company for The North
American Coal Corporation®. The Company and its
affiliates operate in the mining and natural resources industries
through three operating segments: Coal Mining, North American
Mining and Minerals Management. The Coal Mining segment
operates surface coal mines under long-term contracts with power
generation companies and activated carbon producers pursuant to a
service-based business model. The North American Mining segment
provides value-added contract mining and other services for
producers of aggregates, lithium and other minerals. The
Minerals Management segment promotes the development of the
Company's oil, gas and coal reserves, generating income primarily
from royalty-based lease payments from third parties. In addition,
the Company has launched a new business providing stream and
wetland mitigation solutions. For more information about
NACCO Industries, visit the Company's website at www.nacco.com.
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SOURCE NACCO Industries, Inc.