Here is Why NACCO Industries (NC) Gained This Week

From Yahoo Finance: 2025-05-22 01:52:00

NACCO Industries, Inc. (NYSE:NC) saw a 4.57% surge in share price between May 14 and May 21, 2025, making it one of the top Energy Stocks that Gained the Most This Week.

NACCO Industries, Inc. (NYSE:NC) operates in the natural resources business across three segments: Coal Mining, North American Mining, and Minerals Management.

Investors reacted positively to NACCO Industries, Inc. (NYSE:NC) announcing a 11% increase in quarterly cash dividend to $0.2525. This marks the seventh consecutive annual dividend increase since 2017.

President and CEO of NACCO Industries, Inc. (NYSE:NC) emphasized confidence in the company’s long-term outlook and commitment to delivering value to stockholders through strategic positioning.

NACCO Industries, Inc. (NYSE:NC) reported strong Q1 2025 results, with a 7.2% YoY increase in net income to $4.9 million and a 23.8% YoY increase in revenue.

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