Workflow
Ramaco Resources Announces First Quarter Class A Stock Dividend Details
METCRamaco Resources(METC) Prnewswire·2025-03-04 21:05

Core Points - Ramaco Resources, Inc. announced a quarterly Class A common stock dividend of 0.1375pershareforthefirstquarterof2025,payableonMarch14,2025,toshareholdersofrecordonFebruary28,2025[2][5]ThedividendwillbepaidinsharesofClassBcommonstock,witheachClassAcommonstockholderreceiving0.015537ofashareofClassBcommonstockforeachshareofClassAheld,basedontheClassBclosingpriceof0.1375 per share for the first quarter of 2025, payable on March 14, 2025, to shareholders of record on February 28, 2025 [2][5] - The dividend will be paid in shares of Class B common stock, with each Class A common stockholder receiving 0.015537 of a share of Class B common stock for each share of Class A held, based on the Class B closing price of 8.85 on February 28, 2025 [3][4] - No fractional shares will be issued; instead, cash will be paid for any fractional shares based on the Class B closing price [5] Company Overview - Ramaco Resources, Inc. operates and develops high-quality, low-cost metallurgical coal in Central Appalachia and is also developing rare earth elements and critical minerals in Wyoming [6] - The company has four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production for a coal mine and rare earth development near Sheridan, Wyoming [6] - In 2023, a major deposit of primary magnetic rare earths and critical minerals was discovered at the Wyoming mine, and the company holds approximately 76 intellectual property patents and related agreements [6]