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

United States Lime & Minerals, Inc. (NASDAQ:USLM) announced a quarterly dividend on Monday, February 3rd,RTT News reports. Stockholders of record on Friday, February 21st will be given 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 0.22%. This is a boost from United States Lime & Minerals’s previous quarterly dividend of $0.05.

United States Lime & Minerals has increased its dividend by an average of 16.0% per year over the last three years.

United States Lime & Minerals Stock Performance

Shares of USLM opened at $110.47 on Tuesday. United States Lime & Minerals has a 52 week low of $48.38 and a 52 week high of $159.53. The company has a market capitalization of $3.16 billion, a PE ratio of 32.02 and a beta of 0.91. The company’s 50 day moving average price is $132.80 and its 200 day moving average price is $108.98.

United States Lime & Minerals (NASDAQ:USLM) last issued 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%.

Insider Buying and Selling at United States Lime & Minerals

In other United States Lime & Minerals news, CEO Timothy W. Byrne sold 22,261 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan O’neill sold 1,750 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $139.73, for a total value of $244,527.50. Following the completion of the transaction, the vice president now owns 7,880 shares in the company, valued at approximately $1,101,072.40. This represents a 18.17 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.62% of the company’s stock.

Analysts Set New Price Targets

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

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.