NACCO Industries® NC, has recently made an exciting announcement. The company's Board of Directors has decided to increase its regular cash dividend, demonstrating its commitment to rewarding investors for their continued support.

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Dividend Increase Details

NACCO Industries® NC has announced a significant increase in its regular cash dividend. The Board of Directors has raised the dividend from 20.75 cents to 21.75 cents per share, effective immediately. This decision applies to both the Class A and Class B Common Stock, ensuring that all shareholders can benefit from this generous increase. The dividend payout date has been set for June 15, 2023, and stockholders of record at the close of business on May 31, 2023, will be eligible for the dividend.

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Enhanced Returns for Shareholders

With this dividend increase, NACCO Industries® NC aims to provide enhanced returns to its valued shareholders. The new dividend rate of 21.75 cents per share translates into an annual rate of $0.87 per share.

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Members of LevelFields received the alert of this event on May 18, 4:10 PM ET

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