Company Overview - Ramaco Resources, Inc. operates and develops high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia, and is also a developing producer of rare earth and critical minerals in Wyoming [5] - The company has four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production for a rare earth and coal mine near Sheridan, Wyoming [5] Dividend Announcement - The Board of Directors declared a quarterly Class A common stock dividend of $0.06875 per share, payable in Class B common stock [2][4] - Shareholders of record on May 30, 2025, will receive the dividend on June 13, 2025, with no fractional shares issued; instead, cash will be paid for any fractional shares [3][2] Market Conditions - Current metallurgical coal market conditions are described as weak, with expectations for continued weakness in the coming months [4] - Despite the reduced dividend, the company maintains a roughly 3% dividend yield, which is the highest among publicly traded metallurgical coal peers [4] - The company remains cautiously optimistic about market strengthening in the second half of the year due to rising supply cuts in the metallurgical space [4]
Ramaco Resources, Inc. Announces Second Quarter Class A Dividend