Latest news with #NACCO
Yahoo
23-05-2025
- Business
- Yahoo
Here is Why NACCO Industries (NC) Gained This Week
The share price of NACCO Industries, Inc. (NYSE:NC) surged by 4.57% between May 14 and May 21, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let's shed some light on the development. Aerial view of an opencast coal mine, its vastness conveying the magnitude of its operations. NACCO Industries, Inc. (NYSE:NC), together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. Investors reacted positively after NACCO Industries, Inc. (NYSE:NC) declared a quarterly cash dividend of $0.2525, up 11% from the prior dividend of $0.2275. This marks the company's seventh consecutive annual dividend increase since the dividend was reset following the spin-off of Hamilton Beach Brands Holding Company in September 2017. NACCO and its predecessor companies have paid quarterly cash dividends to stockholders since 1956. J.C. Butler, President and CEO of NACCO Industries, Inc. (NYSE:NC), stated: 'The 11% increase in our dividend underscores our confidence in NACCO's long-term outlook, our capital management discipline and our ongoing commitment to deliver value to our stockholders. We believe 2025 will mark a pivotal year in our transformation, with each of our businesses poised to benefit from profits derived from multi-year projects, favorable market trends and strategic positioning in key sectors of the American economy.' It must be mentioned that NACCO Industries, Inc. (NYSE:NC) reported strong results for its Q1 2025 at the end of last month, posting a 7.2% YoY increase in net income to $4.9 million. The company's revenue also grew 23.8% YoY due to an increase in tons delivered at Mississippi Lignite Mining Company. While we acknowledge the potential of NC to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None.
Yahoo
22-05-2025
- Business
- Yahoo
Here is Why NACCO Industries (NC) Gained This Week
The share price of NACCO Industries, Inc. (NYSE:NC) surged by 4.57% between May 14 and May 21, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let's shed some light on the development. Aerial view of an opencast coal mine, its vastness conveying the magnitude of its operations. NACCO Industries, Inc. (NYSE:NC), together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. Investors reacted positively after NACCO Industries, Inc. (NYSE:NC) declared a quarterly cash dividend of $0.2525, up 11% from the prior dividend of $0.2275. This marks the company's seventh consecutive annual dividend increase since the dividend was reset following the spin-off of Hamilton Beach Brands Holding Company in September 2017. NACCO and its predecessor companies have paid quarterly cash dividends to stockholders since 1956. J.C. Butler, President and CEO of NACCO Industries, Inc. (NYSE:NC), stated: 'The 11% increase in our dividend underscores our confidence in NACCO's long-term outlook, our capital management discipline and our ongoing commitment to deliver value to our stockholders. We believe 2025 will mark a pivotal year in our transformation, with each of our businesses poised to benefit from profits derived from multi-year projects, favorable market trends and strategic positioning in key sectors of the American economy.' It must be mentioned that NACCO Industries, Inc. (NYSE:NC) reported strong results for its Q1 2025 at the end of last month, posting a 7.2% YoY increase in net income to $4.9 million. The company's revenue also grew 23.8% YoY due to an increase in tons delivered at Mississippi Lignite Mining Company. While we acknowledge the potential of NC to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None.
Yahoo
15-05-2025
- Business
- Yahoo
NACCO INDUSTRIES INCREASES DIVIDEND BY 11%
CLEVELAND, May 15, 2025 /PRNewswire/ -- NACCO Industries® (NYSE: NC) announced today that its Board of Directors declared a regular quarterly cash dividend of 25.25 cents per share, which represents an 11% increase compared to the prior quarterly dividend rate of 22.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 16, 2025 to stockholders of record at the close of business on May 30, 2025. The new dividend is equal to an annual rate of $1.01 per share, up 10 cents from the prior annual rate of $0.91 per share. This represents NACCO's seventh consecutive annual dividend increase since the dividend was reset following the spin-off of Hamilton Beach Brands Holding Company in September 2017. NACCO and its predecessor companies have paid quarterly cash dividends to stockholders since 1956. J.C. Butler, President and CEO of NACCO Industries commented, "The 11% increase in our dividend underscores our confidence in NACCO's long-term outlook, our capital management discipline and our ongoing commitment to deliver value to our stockholders. We believe 2025 will mark a pivotal year in our transformation, with each of our businesses poised to benefit from profits derived from multi-year projects, favorable market trends and strategic positioning in key sectors of the American economy." About NACCO Industries NACCO Industries® brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. Learn more about our companies at or get investor information at Forward-looking Statements Disclaimer The statements contained in this news release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are made subject to certain risks and uncertainties, which could cause actual results to differ materially from those presented. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Among the factors that could cause plans, actions and results to differ materially from current expectations are, without limitation: (1) changes to or termination of customer or other third-party contracts, or a customer or other third party default under a contract, (2) any customer's premature facility closure or extended project development delay, (3) federal and state legislative and regulatory actions affecting fossil fuels, (4) a significant reduction in purchases by the Company's customers, including as a result of changes in coal consumption patterns of U.S. electric power generators, or changes in the power industry that would affect demand for the Company's coal and other mineral reserves, (5) supply chain disruptions, including price increases and shortages of parts and materials, inclusive of tariff effects, (6) changes in the prices of hydrocarbons, particularly diesel fuel, natural gas, natural gas liquids and oil as a result of factors such as OPEC and/or government actions, geopolitical developments, economic conditions and regulatory changes, as well as supply and demand dynamics, (7) changes in development plans by third-party lessees of the Company's mineral interests, (8) failure or delays by the Company's lessees in achieving expected production of natural gas and other hydrocarbons; the availability and cost of transportation and processing services in the areas where the Company's oil and gas reserves are located; and the ability of lessees to obtain capital or financing needed for well-development operations and leasing and development of oil and gas reserves on federal lands, (9) failure to obtain adequate insurance coverages at reasonable rates, (10) changes in tax laws or regulatory requirements, including the elimination of, or reduction in, the percentage depletion tax deduction, changes in mining or power plant emission regulations and health, safety or environmental legislation, (11) impairment charges, (12) changes in costs related to geological and geotechnical conditions, repairs and maintenance, new equipment and replacement parts, fuel or other similar items, (13) weather conditions, extended power plant outages, liquidity events or other events that would change the level of customers' coal or aggregates requirements, (14) weather or equipment problems that could affect deliveries to customers, (15) changes in the costs to reclaim mining areas, (16) costs to pursue and develop new mining, mitigation, oil and gas and power generation development opportunities and other value-added service opportunities, (17) delays or reductions in coal or aggregates deliveries, (18) the ability to successfully evaluate investments and achieve intended financial results in new business and growth initiatives, (19) disruptions from natural or human causes, including severe weather, accidents, fires, earthquakes and terrorist acts, any of which could result in suspension of operations or harm to people or the environment, and (20) the ability to attract, retain, and replace workforce and administrative employees. **** View original content to download multimedia: SOURCE NACCO Industries Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-04-2025
- Business
- Yahoo
Why NACCO Industries (NC) Is Up the Most So Far in 2025
We recently published a list of . In this article, we are going to take a look at where NACCO Industries, Inc. (NYSE:NC) stands against other energy stocks that are up the most so far in 2025. The energy sector has been volatile, and macro trends have led to fears of recession. The S&P 500 energy sector gained almost 9% from January till late March, but it has been dragged down by the broader market correction. Brent futures have hit lows and sent many energy stocks into a tailspin. Yet, there are still some energy stocks that have defied the odds and have delivered solid gains. Midstream companies have been exceptionally resilient, and renewables have also been a bright spot in the energy sector. Even during bear markets there are pockets of the market that perform exceptionally well. For instance, tech stocks have been in a bear market, but I recently identified in another article. For this article, I screened the best-performing energy stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Aerial view of an opencast coal mine, its vastness conveying the magnitude of its operations. Number of Hedge Fund Holders In Q4 2024: 5 NACCO Industries, Inc. (NYSE:NC) operates in the natural resources sector, with a focus on coal mining, aggregates, and environmental solutions, primarily through its subsidiaries in North America. The stock is up significantly so far in 2025, with the most notable catalyst being regulatory developments favoring coal. In early April, the U.S. Department of Land released a draft environmental analysis for new leasing areas at North Dakota's Freedom Mine, which is owned by NACCO (NYSE:NC). This expansion covers an additional 1,350 acres, estimated to contain 24 million tons of mineable coal, potentially extending the mine's life to 2045. Further supporting the rally, recent executive actions have directed federal agencies to prioritize coal leasing, which represents a significant policy shift and a boon for NACCO (NYSE:NC)'s coal operations. Investors have also been anticipating the company's first quarter 2025 earnings, scheduled for April 30. NC stock is up 21.04% year-to-date. Overall, NC ranks 8th on our list of energy stocks that are up the most so far in 2025. While we acknowledge the potential of NC, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NC but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
