United States Lime & Minerals, Inc. (NASDAQ:USLM) Announces $0.25 Quarterly Dividend

United States Lime & Minerals, Inc. (NASDAQ:USLM - Get Free Report) announced a quarterly dividend on Tuesday, April 30th, Zacks reports. Stockholders of record on Friday, May 24th will be given a dividend of 0.25 per share by the construction company on Friday, June 14th. This represents a $1.00 annualized dividend and a dividend yield of 0.31%. The ex-dividend date is Thursday, May 23rd.

United States Lime & Minerals has increased its dividend by an average of 7.7% per year over the last three years and has increased its dividend every year for the last 1 years.

United States Lime & Minerals Stock Up 1.9 %

Shares of United States Lime & Minerals stock traded up $6.07 during mid-day trading on Thursday, hitting $326.68. The stock had a trading volume of 27,464 shares, compared to its average volume of 22,940. The firm has a 50-day moving average of $291.55 and a two-hundred day moving average of $247.67. United States Lime & Minerals has a 12-month low of $151.53 and a 12-month high of $326.68. The firm has a market cap of $1.87 billion, a P/E ratio of 23.37 and a beta of 0.79.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its quarterly earnings results on Friday, February 2nd. The construction company reported $2.98 earnings per share for the quarter. United States Lime & Minerals had a net margin of 27.91% and a return on equity of 21.25%. The business had revenue of $65.69 million during the quarter.

Insider Activity

In related news, CEO Timothy W. Byrne sold 5,979 shares of the stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $259.27, for a total transaction of $1,550,175.33. Following the completion of the transaction, the chief executive officer now owns 31,638 shares of the company's stock, valued at approximately $8,202,784.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Sandra C. Duhe sold 427 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $291.02, for a total transaction of $124,265.54. Following the completion of the transaction, the director now owns 457 shares of the company's stock, valued at approximately $132,996.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy W. Byrne sold 5,979 shares of the stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $259.27, for a total transaction of $1,550,175.33. Following the transaction, the chief executive officer now directly owns 31,638 shares of the company's stock, valued at approximately $8,202,784.26. The disclosure for this sale can be found here. Corporate insiders own 2.16% of the company's stock.

United States Lime & Minerals Company Profile

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.