CLEVELAND, May 19, 2021 /PRNewswire/ -- NACCO Industries,
Inc.® (NYSE: NC) today announced that the Board of
Directors increased its regular cash dividend from 19.25 cents to 19.75
cents per share. The dividend is payable on both the Class A
and Class B Common Stock, and will be paid June 15, 2021 to stockholders of record at the
close of business on June 1,
2021. The new dividend is equal to an annual rate of
$0.79 per share.
About NACCO Industries, Inc.
NACCO Industries,
Inc.®, through a portfolio of mining and natural
resources businesses, operates under three business 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 an activated carbon
producer 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 acquires and promotes the
development of oil, gas and coal mineral interests, generating
income primarily from royalty-based lease payments from third
parties. In addition, the Company's Mitigation Resources of
North America® business
provides 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.