United States Lime & Minerals, Inc. (NASDAQ:USLM) Declares Quarterly Dividend of $0.06

United States Lime & Minerals, Inc. (NASDAQ:USLM) declared a quarterly dividend on Monday, February 3rd,RTT News reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.06 per share by the construction company on Friday, March 14th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.21%. The ex-dividend date is Friday, February 21st. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05.

United States Lime & Minerals has raised its dividend payment by an average of 16.0% annually over the last three years.

United States Lime & Minerals Stock Up 1.7 %

USLM stock opened at $112.31 on Wednesday. United States Lime & Minerals has a twelve month low of $48.38 and a twelve month high of $159.53. The stock has a market capitalization of $3.21 billion, a price-to-earnings ratio of 32.55 and a beta of 0.91. The firm’s fifty day simple moving average is $132.04 and its two-hundred day simple moving average is $109.21.

United States Lime & Minerals (NASDAQ:USLM) last announced its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 earnings per share (EPS) for the quarter. United States Lime & Minerals had a net margin of 32.60% and a return on equity of 22.95%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at United States Lime & Minerals

In other United States Lime & Minerals news, VP Nathan O’neill sold 1,750 shares of United States Lime & Minerals stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total value of $244,527.50. Following the transaction, the vice president now directly 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 can be accessed through the SEC website. Also, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $141.73, for a total value of $3,155,051.53. Following the sale, the chief executive officer now owns 125,004 shares of the company’s stock, valued at approximately $17,716,816.92. This represents a 15.12 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.62% of the company’s stock.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc engages in the manufacture and sale of lime and limestone products. Its products include High Calcium Quicklime, Hydrated Lime, Lime Kiln Dust, Lime Slurry, and High Calcium Limestone. The company was founded in 1948 and is headquartered in Dallas, TX.