United States Lime & Minerals, Inc. (NASDAQ: USLM) Announces Quarterly Dividend of $0.20
United States Lime & Minerals, Inc. (NASDAQ:USLM – Get Rating) announced a quarterly dividend on Wednesday, April 27, Zacks reports. Shareholders of record on Friday, May 27 will receive a dividend of 0.20 per share from the construction company on Friday, June 17. This represents an annualized dividend of $0.80 and a dividend yield of 0.71%. The ex-date of this dividend is Thursday, May 26.
United States Lime & Minerals has increased its dividend payout by an average of 5.8% per year over the past three years and has increased its dividend annually for the past 1 consecutive years.
Shares of USLM opened at $112.70 on Friday. United States Lime & Minerals has a 12-month low of $109.05 and a 12-month high of $153.79. The stock has a fifty-day moving average price of $115.89 and a 200-day moving average price of $122.09. The company has a market capitalization of $638.78 million, a PE ratio of 17.26 and a beta of 0.71.
United States Lime & Minerals (NASDAQ:USLM – Get Rating) last released quarterly earnings data on Monday, January 31. The construction company reported EPS of $1.34 for the quarter. United States Lime & Minerals recorded a return on equity of 13.98% and a net margin of 19.57%. The company had revenue of $46.11 million in the quarter.
Several hedge funds and other institutional investors have recently increased or reduced their holdings in USLM. Millennium Management LLC acquired a new position in United States Lime & Minerals stock in Q3, valued at $472,000. Jane Street Group LLC acquired a new position in shares of United States Lime & Minerals in Q3, valued at $379,000. Two Sigma Investments LP acquired a new position in United States Lime & Minerals stock in Q3 valued at $286,000. Two Sigma Advisers LP acquired a new position in United States Lime & Minerals stock in Q3 valued at $242,000. Finally, Barclays PLC increased its position in United States Lime & Minerals shares by 196.9% in the 4th quarter. Barclays PLC now owns 2,509 shares in the construction company valued at $324,000 after acquiring an additional 1,664 shares during the period. 25.72% of the shares are currently held by hedge funds and other institutional investors.
Separately, StockNews.com assumed coverage of United States Lime & Minerals in a Thursday, March 31 report. They set a “buy” rating for the company.
United States Lime and Mineral Company Profile (Get an assessment)
United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from surface quarries and an underground mine and transforms it into pulverized limestone, quicklime, hydrated lime and milk of lime. The Company supplies its products primarily to construction customers, including highway, road and construction contractors; industrial customers, such as paper and glass manufacturers; environmental customers including municipal sewerage and water treatment facilities and flue gas treatment processes; steel producers; oil and gas service companies; roof shingle manufacturers; and poultry and cattle feed producers.
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