United States Lime & Minerals, Inc. (USLM) to Issue Quarterly Dividend of $0.05 on December 13th

United States Lime & Minerals, Inc. (NASDAQ:USLM) announced a quarterly dividend on Wednesday, October 30th,Zacks Dividends reports. Stockholders of record on Friday, November 22nd will be paid a dividend of 0.05 per share by the construction company on Friday, December 13th. This represents a $0.20 annualized dividend and a dividend yield of 0.14%. The ex-dividend date is Friday, November 22nd.

United States Lime & Minerals has raised its dividend payment by an average of 7.7% per year over the last three years.

United States Lime & Minerals Stock Down 1.1 %

Shares of NASDAQ USLM opened at $141.59 on Wednesday. The firm has a market cap of $4.05 billion, a PE ratio of 41.04 and a beta of 0.82. The company’s fifty day simple moving average is $106.77 and its 200 day simple moving average is $85.80. United States Lime & Minerals has a 12-month low of $41.21 and a 12-month high of $146.70.

Analyst Ratings Changes

Separately, StockNews.com upgraded United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday, October 22nd.

Insider Activity

In other United States Lime & Minerals news, VP Nathan O’neill sold 1,750 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $139.73, for a total value of $244,527.50. Following the transaction, the vice president now owns 7,880 shares of the company’s stock, valued at approximately $1,101,072.40. The trade was a 18.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard W. Cardin sold 12,000 shares of the firm’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total value of $934,560.00. Following the sale, the director now directly owns 14,300 shares of the company’s stock, valued at approximately $1,113,684. This represents a 45.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.62% of the company’s stock.

About United States Lime & Minerals

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.