Nacco Industries dividend yield – NACCO Industries declares 0.2075 Cash Dividend.
March 19, 2023
Dividends Yield
On March 1 2023, NACCO ($BER:NA6A) Industries Inc. declared a 0.2075 cash dividend providing a dividend yield of 2.47%. This is slightly higher than the average dividend yield of the last three years, which was 1.97%, 2.87% and 2.56% respectively. This recent announcement makes NACCO Industries a great option for those looking for dividend stocks. The ex-dividend date for this dividend is March 6, 2023, meaning that shareholders of record on that day will be able to receive the dividend. NACCO Industries is a reliable source of dividends and has been offering an annual dividend per share of 0.81, 0.78 and 0.77 USD for the past three years.
With its consistent dividend history, it is a great option for those looking for a safe and steady income stream. NACCO Industries also offers long-term investors the opportunity to benefit from the potential of capital growth in addition to steady income. Overall, NACCO Industries Inc. is an excellent choice for dividend investors due to the stability of its dividend yields and the potential of capital appreciation. The ex-dividend date for its recently declared dividend is March 6, 2023, so it’s worth considering investing in NACCO Industries before that date in order to take advantage of this great opportunity.
Stock Price
This announcement came as the stock opened at €35.0 and closed at the same price, signifying a 1.2% increase from the prior closing price of €34.6. Overall, this news is seen as a positive for investors in NACCO Industries Inc. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Nacco Industries. More…
| Total Revenues | Net Income | Net Margin |
| 227.29 | 68.2 | 23.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Nacco Industries. More…
| Operations | Investing | Financing |
| 62.01 | -48.35 | -8.42 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Nacco Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 560.2 | 144.78 | 56.58 |
Key Ratios Snapshot
Some of the financial key ratios for Nacco Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.1% | -36.2% | 30.5% |
| FCF Margin | ROE | ROA |
| 7.2% | 13.0% | 9.5% |
Analysis – Nacco Industries Intrinsic Value Calculator
At GoodWhale, we have taken a close look at NACCO INDUSTRIES‘s financials. Based on our proprietary Valuation Line, the fair value of NACCO INDUSTRIES’s share is around €42.2. However, it is currently trading at €35.0. This implies that the shares are undervalued by 17.0%. Investors may consider taking this opportunity to buy NACCO INDUSTRIES shares while they are still trading at a discount. More…
Summary
Investing in NACCO Industries could be a good option for investors seeking a steady income stream. The company has consistently paid out dividends of 0.81, 0.78 and 0.77 USD per share in the last three years, yielding dividend yields of 1.97%, 2.87% and 2.56%, respectively, with an average dividend yield of 2.47%. This makes it an attractive choice for investors looking for stability and a good return on their investment. Furthermore, NACCO Industries has a long history of financial stability and a strong balance sheet, making it a reliable option for investing.
