Ramaco Resources's most recent quarterly dividend payment of $0.138 per share was made to shareholders on record before May 31, 2024. At an annualized rate of $0.53 per share, the stock yields 3.86%.
METC has a dividend yield of 3.86% which is above the Basic Materials sector average. Compared to its Basic Materials sector average of 1.88%, Ramaco Resources's dividend yield is 105% higher.
Ramaco Resources has been paying dividends for the last two years. According to our data METC has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 11% for the last year. However since the stock price has gone up by 51% from a year ago, the dividend yield has decreased by 26%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 31, 2024 | Jun 15, 2024 | May 8, 2024 | $0.138 | normal |
Feb 29, 2024 | Mar 15, 2024 | Dec 6, 2023 | $0.138 | normal |
Nov 30, 2023 | Dec 15, 2023 | Oct 16, 2023 | $0.125 | normal |
Aug 31, 2023 | Sep 15, 2023 | Jul 31, 2023 | $0.125 | normal |
May 31, 2023 | Jun 15, 2023 | Apr 12, 2023 | $0.125 | normal |
Feb 28, 2023 | Mar 15, 2023 | Dec 8, 2022 | $0.125 | normal |
Nov 30, 2022 | Dec 15, 2022 | Sep 28, 2022 | $0.113 | normal |
Aug 31, 2022 | Sep 15, 2022 | Jul 14, 2022 | $0.11 | normal |
May 31, 2022 | Jun 15, 2022 | May 11, 2022 | $0.113 | normal |
Feb 28, 2022 | Mar 15, 2022 | Dec 9, 2021 | $0.113 | normal |
METC has a payout ratio of 43.8% which is higher than the Basic Materials sector average. In comparison with the Basic Materials sector average of 37.9%, Ramaco Resources's payout ratio is 16% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
METC Ramaco Resources Inc | 3.86% | $0.53 | 43.8% |
NC Nacco Industries Inc | 2.85% | $0.88 | N/A |
Yes, Ramaco Resources has been paying dividends for the last two years.
Currently METC's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2024.
Ramaco Resources's last dividend ex-date was on May 31, 2024. The dividend amount was $0.138 per share.
METC has paid dividend of $0.53 per share in the last year.
Currently Ramaco Resources's dividend yield is 3.86%.
Ramaco Resources has a quarterly dividend frequency.
Ramaco Resources's dividend payout ratio is 43.8%.
Ramaco Resources's dividend yield is above the Basic Materials sector average.