USLM dividend – United States Lime & Minerals announces quarterly dividend

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United States Lime & Minerals ($NASDAQ:USLM) Inc. is a publicly traded company that produces lime and limestone products. The company has announced a $0.20/share quarterly dividend, which is in line with previous quarters. The dividend is payable Dec. 16 to shareholders of record Nov. 25, and the ex-dividend date is Nov. 23.

This dividend announcement comes as good news to shareholders, as it indicates that the company is continuing to perform well financially and is committed to returning value to investors. For more information on United States Lime & Minerals, including the dividend scorecard, yield chart, and dividend growth, please visit our website.

Dividends – USLM dividend

United States Lime & Minerals has announced a quarterly dividend of 0.72 USD per share for the second quarter of its fiscal year 2022, ending June 30. This is an increase from the dividends of 0.64 USD per share that were issued in the last two fiscal years. USLM’s dividend yields for the years 2020 to 2022 are 0.7%, 0.48%, and 0.58%. Its three-year average dividend yield is 0.59%.

Price History

United States Lime & Minerals announced its quarterly dividend on Wednesday. So far, media exposure for the company has been mostly positive. On Wednesday, USLM stock opened at $120.0 and closed at $119.1, up by 0.8% from its previous closing price of $118.2.

VI Analysis

US Lime & Minerals Inc. is a publicly traded company on the New York Stock Exchange . The company is engaged in the business of producing and marketing lime and limestone products in the United States and Canada. Based on VI Risk Rating, UNITED STATES LIME & MINERALS is a low risk investment in terms of financial and business aspects. The company has a strong balance sheet with plenty of cash on hand and no debt. In addition, USLM has a long history of profitability and has been paying dividends to shareholders for over 25 years. The company does have 2 risk warnings in its income statement and balance sheet.

However, these are not considered to be major red flags and do not significantly impact the overall risk rating of the company.

VI Peers

The company’s products are used in a variety of industrial and environmental applications, including paper manufacturing, steel making, flue gas desulfurization, and water treatment. United States Lime & Minerals Inc’s competitors include Termo-Rex SA, Kemira Oyj, and Central Glass Co Ltd.

– Termo-Rex SA ($LTS:0QX9)

Term-Rex SA is a company that manufactures and sells thermal paper products. The company has a market capitalization of 63.56 million as of 2022 and a return on equity of -6.51%. The company’s products are used in a variety of applications, including POS receipts, lottery tickets, and gaming machine tickets.

– Kemira Oyj ($OTCPK:KOYJF)

Kemira Oyj is a Finnish chemicals company with a market cap of 2.1B as of 2022. The company produces a wide range of chemicals for industrial and consumer markets. Its products are used in a variety of industries, including paper, oil & gas, water treatment, and mining. Kemira’s return on equity (ROE) was 9.1% in 2020.

– Central Glass Co Ltd ($TSE:4044)

Based in Tokyo, Central Glass Co., Ltd. is engaged in the manufacture and sale of glass products, chemicals, plastics and ceramics. The company operates in four business segments: flat glass, architectural glass, automotive glass and industrial materials. Central Glass Co., Ltd. was founded in 1887 and is headquartered in Tokyo, Japan.

Summary

Investing in UNITED STATES LIME & MINERALS can be a smart way to gain exposure to the U.S. economy. The company is a leading producer of lime and limestone products, and its products are used in a variety of industries, including construction, papermaking, and steelmaking. Investors interested in UNITED STATES LIME & MINERALS may want to consider investing in the company through a mutual fund or exchange-traded fund that provides exposure to the U.S. stock market. Alternatively, investors could purchase shares of UNITED STATES LIME & MINERALS directly through a broker.