Nacco Industries increases quarterly dividend 4% to 26.25c per share

Nacco Industries (NC) announced that its board of directors declared a regular quarterly cash dividend of 26.25c per share, which represents a 4% increase compared to the prior quarterly dividend rate of 25.25c per share. The dividend is payable on both the Class A and Class B common stock, and will be paid June 15 to stockholders of record at the close of business on June 1. The new dividend is equal to an annual rate of $1.05 per share.