United States Lime & Minerals, Inc. (NASDAQ:USLM) Plans $0.05 Quarterly Dividend

United States Lime & Minerals, Inc. (NASDAQ:USLM) declared 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 increased its dividend by an average of 7.7% per year over the last three years.

United States Lime & Minerals Stock Performance

Shares of USLM opened at $141.59 on Wednesday. United States Lime & Minerals has a 52-week low of $41.21 and a 52-week high of $146.70. The stock’s 50-day simple moving average is $106.77 and its 200 day simple moving average is $85.80. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 41.04 and a beta of 0.82.

Insider Activity at United States Lime & Minerals

In related news, VP Nathan O’neill sold 1,750 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president now directly owns 7,880 shares of the company’s stock, valued at $1,101,072.40. This trade represents a 18.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Richard W. Cardin sold 12,000 shares of United States Lime & Minerals stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $77.88, for a total transaction of $934,560.00. Following the sale, the director now owns 14,300 shares of the company’s stock, valued at approximately $1,113,684. The trade was a 45.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.62% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

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

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.