NACCO Industries, Inc.
NC40 yrs growthEnergy · Stock · quarterly payer
Forward Yield
2.19%
Annual Dividend
$1.05
Payout Ratio
35%
5-Yr Growth
5.1%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
Summary
As of July 2026, NACCO Industries, Inc. (NC) yields 2.19% ($1.05 per share annually), with a blended fair-value estimate of $51.54 — +7% upside, so it screens as fairly valued. Dividend safety grade: A (98/100). 40 years of dividend growth.
Is NC a good dividend stock?
YesNACCO Industries, Inc. (NC) pays a quarterly dividend yielding 2.19% ($1.05/yr), with 40 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 40 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (35%)
- Strong 5.1% 5-yr dividend growth
- 93% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.19%
- Payout Ratio
- 35%
- Annual Dividend
- $1.05
- 5-Yr Avg Growth
- 5.1%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 40
- Frequency
- quarterly
- Beta
- 0.44
- Market Cap
- $350.3M
- P/E Ratio
- 16.8
- 5-Yr Total Return
- 93%
- 52-Week Range
- $35.43 – $59.42
- Dividend Safety
- A · 98/100
- Ever Cut?
- No
Frequently Asked Questions
NC Price — Last 12 Months
Daily close
Price Return
1 Year
+23%
3 Years
+47%
5 Years
+93%
52-Week Range
$35.43 – $59.42
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NC worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for NACCO Industries, Inc. is $51.54 per share, versus a market price of $47.97. That implies the stock is roughly fairly priced.
Fair Value
$51.54
Current Price
$47.97
Gap
+7%
Margin of Safety
7%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 8.9% annual free-cash-flow growth. We model 10.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 10.0% stage-1 growth, 2.5% terminal growth, $2.86 EPS, $1.05 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NC Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.2630 | regular |
| Mar 2, 2026 | — | $0.2530 | regular |
| Dec 1, 2025 | — | $0.2530 | regular |
| Sep 2, 2025 | — | $0.2530 | regular |
| May 30, 2025 | — | $0.2530 | regular |
| Mar 3, 2025 | — | $0.2280 | regular |
| Dec 2, 2024 | — | $0.2280 | regular |
| Sep 3, 2024 | — | $0.2280 | regular |
| May 31, 2024 | — | $0.2280 | regular |
| Mar 1, 2024 | — | $0.2180 | regular |
| Nov 29, 2023 | — | $0.2180 | regular |
| Sep 1, 2023 | — | $0.2180 | regular |
| May 30, 2023 | — | $0.2180 | regular |
| Mar 6, 2023 | — | $0.2080 | regular |
Income Calculator
At $1.05 / yr per share
