NACCO INDUSTRIES INCREASES DIVIDEND BY 11%

Core Points - NACCO Industries announced a quarterly cash dividend of 25.25 cents per share, marking an 11% increase from the previous rate of 22.75 cents per share [1] - The new dividend translates to an annual rate of $1.01 per share, up from the prior annual rate of $0.91 per share, representing the seventh consecutive annual dividend increase since the reset in September 2017 [1] - The dividend will be paid on June 16, 2025, to stockholders of record as of May 30, 2025 [1] Company Insights - J.C. Butler, President and CEO, emphasized the confidence in NACCO's long-term outlook and capital management discipline, indicating that 2025 is expected to be a pivotal year for the company [2] - The company anticipates benefits from multi-year projects, favorable market trends, and strategic positioning in key sectors of the American economy [2] Company Overview - NACCO Industries operates in the natural resources sector, providing aggregates, minerals, reliable fuels, and environmental solutions through its portfolio of businesses [3]