Ramaco Resources Declares Exciting Stock Dividend News Today
Ramaco Resources Declares Third Quarter Dividend
Today, Ramaco Resources, Inc. has made an important announcement regarding its Class B common stock. The Board of Directors declared a stock dividend for the third quarter of the current fiscal year, which came as great news for shareholders. The dividend is set to benefit those on record by September 5, 2025, and will be paid out in Class B common stock on September 19, 2025.
Details of the Class B Common Stock Dividend
The dividend, valued at $0.1918 per share, is a significant decision by the Board, aimed at rewarding shareholders. Instead of cash, this payment will come in the form of additional Class B shares. Shareholders will receive a number of shares calculated by dividing the dividend amount by the closing transaction price on the record date.
Understanding the Calculation of Shares
For each existing share of Class B common stock, holders will receive additional shares based on the determined price on the record date. This payment structure ensures that current shareholders can enhance their investment through additional equity rather than through cash payouts.
Impact of No Fractional Shares
Notably, no fractional shares will be issued following this stock dividend announcement. Instead, any fractional share amounts will be compensated in cash. This ensures all shareholders receive complete shares or equivalent value, removing any ambiguity regarding their dividends.
About Ramaco Resources
Ramaco Resources, Inc. focuses on operating and developing high-quality, low-cost metallurgical coal. Known for its commitment to innovation and sustainability, the company is actively engaged in producing not only coal but also rare earth and critical minerals. It has established a solid footing in production with mining operations across various sites, showcasing the potential for future growth and revenue generation.
Recent Discoveries and Developments
Recently, the company discovered a substantial deposit of primary magnetic rare earths and critical minerals at one of its sites. This development underlines Ramaco’s strategic vision towards diversifying its production capabilities and enhancing its long-term market stance.
Cooperation and Innovation with Research
In addition to mining, Ramaco operates a research facility aimed at developing advanced carbon products from coal. This dual approach not only strengthens its market position but also contributes to innovative solutions in the coal industry.
Contacting Ramaco Resources
For more detailed information, or if you have any inquiries regarding the dividend or other corporate activities, contact Ramaco Resources directly.
Investor relations can be reached at (859) 244-7455, or you can email your questions to info@ramacometc.com.
Frequently Asked Questions
What is the dividend amount declared by Ramaco Resources?
The company declared a dividend of $0.1918 per share for its Class B common stock.
When will shareholders receive the dividend?
The dividend will be paid on September 19, 2025, to shareholders of record as of September 5, 2025.
Will fractional shares be issued?
No fractional shares will be issued. Instead, shareholders will receive cash compensation for any fractional shares.
What type of stock will the dividend be paid in?
The dividend will be issued in the form of additional Class B common shares.
How can I contact Ramaco Resources for more information?
You can reach their investor relations at (859) 244-7455 or via email at info@ramacometc.com for any questions.
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