NACCO Industries, Inc.

NC40 yrs growth

Energy · Thermal Coal · Stock · quarterly payer

$35.73

Undervalued · +24% Add to Portfolio

Forward Yield

3.00%

Annual Dividend

$1.05

Payout Ratio

44%

5-Yr Growth

5.1%

Ex-Date

Aug 31, 2026

Frequency

Quarterly

Key facts about NC's dividend

Data as of Oct 30, 2026 · Source: SmarterDividends data

As of Oct 30, 2026, NACCO Industries, Inc. (NC) has a forward dividend yield of 3.00%, based on an annual dividend of $1.05 per share and a share price of $35.73.
As of Oct 30, 2026, NC's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, NACCO Industries, Inc. (NC) has raised its dividend for 40 consecutive years as of Oct 30, 2026, which makes it a Dividend Aristocrat by the 25-year definition.
NC has never cut its regular dividend in the payment history SmarterDividends has on record.
NC's most recent ex-dividend date was Aug 31, 2026, for a dividend of $0.26 per share.
As of Oct 30, 2026, NC pays out 44% of its trailing 12-month earnings as dividends (its payout ratio).
NC's dividend has grown at an average rate of 5.1% a year over the past five years.
As of Oct 30, 2026, NC's 3.00% yield is 18% above its five-year average yield of 2.54%.
As of Oct 30, 2026, SmarterDividends' blended fair-value estimate for NC is $44.23 per share, 24% above the $35.73 share price, so NC screens as undervalued.
NACCO Industries, Inc. (NC) pays its dividend quarterly, 4 times a year.
NACCO Industries, Inc. (NC) has raised its regular dividend 43 times and cut it 0 times across the 166 payments on record since 1985. Its most recent change was a 4.0% increase to $0.263 per share, going ex-dividend on Jun 1, 2026.
NACCO Industries (NC) has declared its first higher dividend of the year in May in 5 of the last 5 years; its most recent raise, 4.0%, was declared on May 14, 2026.

Cite this page

SmarterDividends, "NC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 30, 2026, https://smarterdividends.com/stocks/NC

Summary

As of Oct 30, 2026, NACCO Industries, Inc. (NC) yields 3.00% ($1.05 a year per share), has a dividend safety grade of A (96/100) and has 40 consecutive years of dividend increases on record.

Is NC a good dividend stock?

Yes

NACCO Industries, Inc. (NC) pays a quarterly dividend yielding 3.00% ($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 (44%)
Strong 5.1% 5-yr dividend growth
Top-tier dividend safety score

Risks

Single-stock concentration risk — diversify

Key Data

Dividend Yield: 3.00%
Payout Ratio: 44%
Annual Dividend: $1.05
5-Yr Avg Growth: 5.1%
Ex-Dividend Date: Aug 31, 2026
Years of Growth: 40
Frequency: quarterly
Beta: 0.56
Market Cap: $269.6M
P/E Ratio: 15.5
5-Yr Total Return: 17%
52-Week Range: $32.32 – $59.42
Dividend Safety: A · 96/100
Ever Cut?: No

NC dividend raises and cuts

NACCO Industries, Inc. (NC) has raised its regular dividend 43 times and cut it 0 times across the 166 payments on record since 1985. Its most recent change was a 4.0% increase to $0.263 per share, going ex-dividend on Jun 1, 2026.

Ex-date	Change	Old → new	Move
Jun 1, 2026	Raise	$0.253 → $0.263	+4.0%
May 30, 2025	Raise	$0.228 → $0.253	+11.0%
May 31, 2024	Raise	$0.218 → $0.228	+4.6%
May 30, 2023	Raise	$0.208 → $0.218	+4.8%
May 27, 2022	Raise	$0.198 → $0.208	+5.1%
May 28, 2021	Raise	$0.193 → $0.198	+2.6%
May 28, 2020	Raise	$0.190 → $0.193	+1.6%
May 30, 2019	Raise	$0.165 → $0.190	+15.2%
Nov 30, 2017	Raise	$0.0624 → $0.165	+164.5%
May 30, 2017	Raise	$0.0612 → $0.0624	+1.9%
May 27, 2016	Raise	$0.0601 → $0.0612	+1.9%
May 28, 2015	Raise	$0.0589 → $0.0601	+1.9%

Show all 43 changes since 1986

Ex-date	Change	Old → new	Move
May 28, 2014	Raise	$0.0571 → $0.0589	+3.2%
Feb 27, 2013	Raise	$0.0411 → $0.0571	+39.1%
May 30, 2012	Raise	$0.0399 → $0.0411	+2.8%
May 27, 2011	Raise	$0.0392 → $0.0399	+1.9%
May 27, 2010	Raise	$0.0388 → $0.0392	+1.0%
May 28, 2009	Raise	$0.0386 → $0.0388	+0.6%
May 29, 2008	Raise	$0.0375 → $0.0386	+3.0%
May 30, 2007	Raise	$0.0360 → $0.0375	+4.2%
May 30, 2006	Raise	$0.0348 → $0.0360	+3.2%
May 27, 2005	Raise	$0.0339 → $0.0348	+2.6%
Aug 30, 2004	Raise	$0.0292 → $0.0339	+16.2%
May 27, 2004	Raise	$0.0285 → $0.0292	+2.6%
Aug 28, 2003	Raise	$0.0191 → $0.0285	+49.0%
May 29, 2003	Raise	$0.0184 → $0.0191	+4.1%
May 29, 2002	Raise	$0.0176 → $0.0184	+4.3%
May 30, 2001	Raise	$0.0169 → $0.0176	+4.4%
May 30, 2000	Raise	$0.0161 → $0.0169	+4.7%
May 27, 1999	Raise	$0.0154 → $0.0161	+4.9%
May 28, 1998	Raise	$0.0146 → $0.0154	+5.1%
May 29, 1997	Raise	$0.0141 → $0.0146	+3.7%
May 30, 1996	Raise	$0.0135 → $0.0141	+4.4%
May 25, 1995	Raise	$0.0127 → $0.0135	+5.9%
May 25, 1994	Raise	$0.0124 → $0.0127	+3.0%
May 25, 1993	Raise	$0.0120 → $0.0124	+3.1%
May 26, 1992	Raise	$0.0116 → $0.0120	+3.2%
May 28, 1991	Raise	$0.0112 → $0.0116	+3.3%
May 25, 1990	Raise	$0.0109 → $0.0112	+3.5%
May 25, 1989	Raise	$0.0105 → $0.0109	+3.6%
May 25, 1988	Raise	$0.0097 → $0.0105	+7.7%
May 26, 1987	Raise	$0.0094 → $0.0097	+4.0%
May 12, 1986	Raise	$0.0069 → $0.0094	+36.4%

Every NC payment →Download every raise and cut (CSV)

NC ex-dividend date & scheduleNext ex-date Aug 31, 2026 · full ex-dividend historyView →NC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NC a good dividend stock?

Yes. NACCO Industries, Inc. (NC) pays a quarterly dividend yielding 3.00% ($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.

Is NC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NC's fair value is about $44.23 versus a $35.73 share price — so it looks undervalued (+24% vs. fair value).

Is NC's dividend safe?

NC has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 40-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is NC's fair value?

Our blended fair-value estimate for NC is about $44.23 per share, roughly 24% above the current $35.73 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NC a buy, hold, or sell?

We don't issue formal ratings, but on the data NC screens as "yes" and undervalued. NACCO Industries, Inc. (NC) pays a quarterly dividend yielding 3.00% ($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. This is research for your own analysis, not investment advice.

Will NC cut its dividend?

NC earns a dividend-safety grade of A (96/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NC pay a dividend?

Yes. NACCO Industries, Inc. pays a quarterly dividend of about $1.05 per share annually, a forward yield of roughly 3.00%.

What is NC's dividend yield?

As of Oct 30, 2026, NC's forward dividend yield is 3.00%, based on a $1.05 annual dividend and a $35.73 share price.

What is NC's dividend per share?

As of Oct 30, 2026, NC pays $1.05 per share per year, distributed on a quarterly basis.

What is NC's dividend payout ratio?

As of Oct 30, 2026, NC's payout ratio is 44% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has NC grown its dividend?

As of Oct 30, 2026, NC has increased its dividend for 40 consecutive years.

When is the next NC ex-dividend date?

As of Oct 30, 2026, NC's next ex-dividend date hasn't been announced. The most recent was Aug 31, 2026, for $0.26 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full NC dividend history →

Ex-Date	Pay Date	Amount	Type
Aug 31, 2026	Sep 15, 2026	$0.2630	regular
Jun 1, 2026	Jun 15, 2026	$0.2630	regular
Mar 2, 2026	Mar 16, 2026	$0.2530	regular
Dec 1, 2025	Dec 15, 2025	$0.2530	regular
Sep 2, 2025	Sep 15, 2025	$0.2530	regular
May 30, 2025	Jun 16, 2025	$0.2530	regular
Mar 3, 2025	Mar 17, 2025	$0.2280	regular
Dec 2, 2024	Dec 16, 2024	$0.2280	regular
Sep 3, 2024	Sep 16, 2024	$0.2280	regular
May 31, 2024	Jun 17, 2024	$0.2280	regular
Mar 1, 2024	Mar 15, 2024	$0.2180	regular
Nov 29, 2023	Dec 15, 2023	$0.2180	regular
Sep 1, 2023	Sep 15, 2023	$0.2180	regular
May 30, 2023	Jun 15, 2023	$0.2180	regular