NACCO Industries Increases Dividend by 4%
May 14, 2026 - NACCO Industries® (NYSE: NC) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.2625 per share, which represents a 4% increase compared to the prior quarterly dividend rate of $0.2525 per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 2026 to stockholders of record at the close of business on June 1, 2026. The new dividend is equal to an annual rate of $1.05 per share.
"This dividend increase reflects our confidence in the Company's trajectory, disciplined capital allocation and ongoing commitment to returning cash to shareholders while investing in the long-term growth of our business," said J.C. Butler, President and CEO of NACCO Industries. "We have increased our dividend each year since 1956, with the exception of resets in 2012 and 2017 in connection with strategic business spinoffs. This increase extends our long-standing record of delivering reliable, steadily increasing returns to shareholders."