United States Lime & Minerals, Inc. (USLM) To Go Ex-Dividend on February 21st

United States Lime & Minerals, Inc. (NASDAQ:USLM) announced a quarterly dividend on Monday, February 3rd,RTT News reports. Investors 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 annualized dividend and a 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% per year over the last three years.

United States Lime & Minerals Trading Up 1.7 %

United States Lime & Minerals stock opened at $112.31 on Wednesday. United States Lime & Minerals has a 12 month low of $48.38 and a 12 month high of $159.53. The stock has a fifty day simple moving average of $132.04 and a two-hundred day simple moving average of $109.21. The firm has a market cap of $3.21 billion, a price-to-earnings ratio of 32.55 and a beta of 0.91.

United States Lime & Minerals (NASDAQ:USLM) last released its quarterly earnings data on Monday, February 3rd. The construction company reported $0.94 earnings per share 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 raised United States Lime & Minerals from a “hold” rating to a “buy” rating in a research note on Tuesday, October 22nd.

Insiders Place Their Bets

In other United States Lime & Minerals news, VP Nathan O’neill sold 1,750 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total transaction of $244,527.50. Following the completion of the transaction, the vice president now owns 7,880 shares of the company’s stock, valued at $1,101,072.40. This represents a 18.17 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy W. Byrne sold 22,261 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 125,004 shares of the company’s stock, valued at approximately $17,716,816.92. The trade was a 15.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.62% of the company’s stock.

About United States Lime & Minerals

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.