Nacco Industries Announces Quarterly Cash Dividend Increase to 26.25 Cents
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2026
0mins
Nacco Industries announced that its board of directors declared a regular quarterly cash dividend of 26.25c per share, which represents a 4% increase compared to the prior quarterly dividend rate of 25.25c per share. The dividend is payable on both the Class A and Class B common stock, and will be paid June 15 to stockholders of record at the close of business on June 1. The new dividend is equal to an annual rate of $1.05 per share.
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About NC
NACCO Industries, Inc. is a holding company. The Company brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. Its segments include Coal Mining, North American Mining (NAMining) and Minerals Management. The Coal Mining segment operates surface coal mines for power generation companies. The NAMining segment is a mining partner for producers of aggregates, activated carbon, lithium and other industrial minerals. The Minerals Management segment, which includes the Catapult Mineral Partners (Catapult) business, acquires and promotes the development of mineral interests. Mitigation Resources of North America (Mitigation Resources) provides stream and wetland mitigation solutions. NAMining provides contract mining services for independently owned mines and quarries, creating value for its customers by performing the mining aspects of its customers’ operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
NACCO Industries Board Leadership Transition Announced
- Board Leadership Change: NACCO Industries announced the resignation of Chairman Alfred M. Rankin, Jr. effective May 15, 2026, appointing General John P. Jumper as the new chairman to ensure independence and professionalism in governance.
- Vice Chairman Appointment: Matthew M. Rankin has been appointed as Vice Chairman, bringing CEO experience from a property management firm since joining the board in 2017, which enhances the board's insights and decision-making capabilities.
- Continued Leadership Influence: Former Chairman Rankin will remain on the board to provide valuable insights and guidance, ensuring stability and direction for the company’s future growth.
- Strategic Development Support: New Chairman Jumper expressed commitment to support current CEO J.C. Butler and his team in driving the company's successful growth initiatives, reflecting the board's dedication to the company's development.
See More
NACCO Industries Board Leadership Transition Announced
- Board Leadership Change: NACCO Industries announced the resignation of Chairman Alfred M. Rankin, Jr. effective May 15, 2026, appointing General John P. Jumper as the new chairman, which reflects the company's commitment to improved governance and effective succession planning.
- New Vice Chairman: Matthew M. Rankin has been appointed as Vice Chairman, bringing CEO experience from a property management and development firm since joining the board in 2017, thereby enhancing the board's professionalism and diversity.
- Best Governance Practices: New Chairman Jumper emphasized the importance of independent and professional leadership for corporate governance, indicating that NACCO will continue to benefit from the long-term leadership and guidance of the former chairman, ensuring competitiveness in future growth strategies.
- Future Growth Outlook: Current CEO J.C. Butler stated that the board's diverse experiences will provide crucial support for NACCO's transformation and growth, ensuring the company's ongoing success and development in the natural resources sector.
See More
NACCO Declares 4% Increase in Quarterly Dividend
- Dividend Increase: NACCO has declared a quarterly dividend of $0.2625 per share, representing a 4% increase from the previous dividend of $0.2525, indicating the company's ongoing improvement in cash flow stability and profitability, which enhances investor confidence.
- Yield Overview: The forward yield of this dividend stands at 2.15%, providing investors with a relatively attractive return, reflecting the company's competitiveness and appeal in the current market environment.
- Payment Schedule: The dividend will be payable on June 15, with a record date of June 1 and an ex-dividend date also on June 1, ensuring shareholders receive their earnings promptly, which strengthens their willingness to hold shares.
- Dividend Growth Trend: This increase in dividend not only demonstrates NACCO's confidence in future profitability but may also attract more income-seeking investors, thereby enhancing the company's market valuation.
See More
NACCO Industries Announces Quarterly Cash Dividend Increase
- Dividend Increase: NACCO Industries announced a quarterly cash dividend increase from $0.2525 to $0.2625 per share, representing a 4% rise that reflects the company's confidence in its growth trajectory and commitment to returning cash to shareholders.
- Payment Schedule: The new dividend will be paid on June 15, 2026, to shareholders of record as of June 1, 2026, ensuring timely returns for investors and enhancing overall investor confidence.
- Historical Performance: NACCO has increased its dividend annually since 1956, with exceptions in 2012 and 2017 due to strategic business spinoffs, demonstrating a long-standing commitment to providing stable returns to shareholders.
- Future Outlook: CEO J.C. Butler emphasized that the dividend increase reflects disciplined capital allocation and ongoing investments in long-term growth, indicating a strong potential for continued value creation for shareholders.
See More
NACCO Industries Declares 4% Increase in Quarterly Dividend
- Dividend Increase: NACCO Industries announced a quarterly cash dividend increase from $0.2525 to $0.2625 per share, representing a 4% rise that reflects the company's confidence in its growth trajectory and commitment to returning cash to shareholders.
- Payment Schedule: The new dividend will be paid on June 15, 2026, to shareholders of record as of June 1, 2026, ensuring timely returns for investors and enhancing overall investor confidence in the company's financial health.
- Historical Performance: NACCO has increased its dividend annually since 1956, with exceptions in 2012 and 2017 due to strategic business spinoffs, showcasing a long-standing record of reliable and steadily increasing returns to shareholders.
- Management Confidence: CEO J.C. Butler stated that this dividend increase reflects disciplined capital allocation and ongoing commitment to long-term growth, further solidifying the company's leadership position in the industry.
See More
NACCO Industries Reports Strong Q1 2026 Earnings Growth
- Significant Profit Growth: NACCO Industries reported a 43% year-over-year and 45% sequential increase in operating profit for Q1 2026, primarily driven by the commencement of a new construction project in Florida, highlighting the company's robust growth potential in contract mining.
- Cash Flow and Profitability: Despite revenues of $62.8 million in the first quarter, NACCO achieved a gross profit of $14.3 million and a net income of $8.8 million ($1.17 per share), indicating the company's success in cost control and efficiency improvements.
- New Contract Mining Projects: The company has commenced activities under a multiyear dragline services contract in Palm Beach County, Florida, and plans to start limestone mining operations in Arizona in the second half of 2026, which will further drive future revenue growth.
- Strategic Investments and Outlook: NACCO's acquisition of 958 acres in Wilson County, Tennessee, with anticipated credit availability in 2029, demonstrates the company's long-term strategic positioning in environmental resource management, with expectations for significant improvements in overall profitability in 2026.
See More
NACCO Industries Board Leadership Transition Announced
- Board Leadership Change: NACCO Industries announced the resignation of Chairman Alfred M. Rankin, Jr. effective May 15, 2026, appointing General John P. Jumper as the new chairman to ensure independence and professionalism in governance.
- Vice Chairman Appointment: Matthew M. Rankin has been appointed as Vice Chairman, bringing CEO experience from a property management firm since joining the board in 2017, which enhances the board's insights and decision-making capabilities.
- Continued Leadership Influence: Former Chairman Rankin will remain on the board to provide valuable insights and guidance, ensuring stability and direction for the company’s future growth.
- Strategic Development Support: New Chairman Jumper expressed commitment to support current CEO J.C. Butler and his team in driving the company's successful growth initiatives, reflecting the board's dedication to the company's development.
See More
NACCO Industries Board Leadership Transition Announced
- Board Leadership Change: NACCO Industries announced the resignation of Chairman Alfred M. Rankin, Jr. effective May 15, 2026, appointing General John P. Jumper as the new chairman, which reflects the company's commitment to improved governance and effective succession planning.
- New Vice Chairman: Matthew M. Rankin has been appointed as Vice Chairman, bringing CEO experience from a property management and development firm since joining the board in 2017, thereby enhancing the board's professionalism and diversity.
- Best Governance Practices: New Chairman Jumper emphasized the importance of independent and professional leadership for corporate governance, indicating that NACCO will continue to benefit from the long-term leadership and guidance of the former chairman, ensuring competitiveness in future growth strategies.
- Future Growth Outlook: Current CEO J.C. Butler stated that the board's diverse experiences will provide crucial support for NACCO's transformation and growth, ensuring the company's ongoing success and development in the natural resources sector.
See More
NACCO Declares 4% Increase in Quarterly Dividend
- Dividend Increase: NACCO has declared a quarterly dividend of $0.2625 per share, representing a 4% increase from the previous dividend of $0.2525, indicating the company's ongoing improvement in cash flow stability and profitability, which enhances investor confidence.
- Yield Overview: The forward yield of this dividend stands at 2.15%, providing investors with a relatively attractive return, reflecting the company's competitiveness and appeal in the current market environment.
- Payment Schedule: The dividend will be payable on June 15, with a record date of June 1 and an ex-dividend date also on June 1, ensuring shareholders receive their earnings promptly, which strengthens their willingness to hold shares.
- Dividend Growth Trend: This increase in dividend not only demonstrates NACCO's confidence in future profitability but may also attract more income-seeking investors, thereby enhancing the company's market valuation.
See More
NACCO Industries Announces Quarterly Cash Dividend Increase
- Dividend Increase: NACCO Industries announced a quarterly cash dividend increase from $0.2525 to $0.2625 per share, representing a 4% rise that reflects the company's confidence in its growth trajectory and commitment to returning cash to shareholders.
- Payment Schedule: The new dividend will be paid on June 15, 2026, to shareholders of record as of June 1, 2026, ensuring timely returns for investors and enhancing overall investor confidence.
- Historical Performance: NACCO has increased its dividend annually since 1956, with exceptions in 2012 and 2017 due to strategic business spinoffs, demonstrating a long-standing commitment to providing stable returns to shareholders.
- Future Outlook: CEO J.C. Butler emphasized that the dividend increase reflects disciplined capital allocation and ongoing investments in long-term growth, indicating a strong potential for continued value creation for shareholders.
See More
NACCO Industries Declares 4% Increase in Quarterly Dividend
- Dividend Increase: NACCO Industries announced a quarterly cash dividend increase from $0.2525 to $0.2625 per share, representing a 4% rise that reflects the company's confidence in its growth trajectory and commitment to returning cash to shareholders.
- Payment Schedule: The new dividend will be paid on June 15, 2026, to shareholders of record as of June 1, 2026, ensuring timely returns for investors and enhancing overall investor confidence in the company's financial health.
- Historical Performance: NACCO has increased its dividend annually since 1956, with exceptions in 2012 and 2017 due to strategic business spinoffs, showcasing a long-standing record of reliable and steadily increasing returns to shareholders.
- Management Confidence: CEO J.C. Butler stated that this dividend increase reflects disciplined capital allocation and ongoing commitment to long-term growth, further solidifying the company's leadership position in the industry.
See More
NACCO Industries Reports Strong Q1 2026 Earnings Growth
- Significant Profit Growth: NACCO Industries reported a 43% year-over-year and 45% sequential increase in operating profit for Q1 2026, primarily driven by the commencement of a new construction project in Florida, highlighting the company's robust growth potential in contract mining.
- Cash Flow and Profitability: Despite revenues of $62.8 million in the first quarter, NACCO achieved a gross profit of $14.3 million and a net income of $8.8 million ($1.17 per share), indicating the company's success in cost control and efficiency improvements.
- New Contract Mining Projects: The company has commenced activities under a multiyear dragline services contract in Palm Beach County, Florida, and plans to start limestone mining operations in Arizona in the second half of 2026, which will further drive future revenue growth.
- Strategic Investments and Outlook: NACCO's acquisition of 958 acres in Wilson County, Tennessee, with anticipated credit availability in 2029, demonstrates the company's long-term strategic positioning in environmental resource management, with expectations for significant improvements in overall profitability in 2026.
See More
