Ramaco Resources Announces Third Quarter Class B Stock Dividend Details
Ramaco Resources, Inc. (Nasdaq: METC, METCB, "Ramaco" or the "Company") today announced the dividend ratio of its previously declared Class B common stock dividend for the third quarter of 2026. As previously announced, the board of directors approved and declared a quarterly Class B common stock dividend of $0.1535 per share of Class B common stock, payable on September 25, 2026 (the "Payment Date"), to shareholders of record on September 11, 2026 (the "Record Date"), with the dividend to be paid in shares of Class B common stock. Also as previously announced, Class B common stockholders will receive a number of shares of Class B common stock for each share owned of Class B common stock determined by dividing $0.1535 by the closing transaction price of the Class B common stock on September 11, 2026, which was $5.99 per share (the "Class B Closing Price"). Based on the Class B Closing Price, each Class B common stockholder will receive 0.025626 of one share of Class B common stock for each share of Class B common stock held by the Class B common stockholder at the close of the market on September 11, 2026. No fractional shares will be issued in connection with the above-described stock dividend. In lieu of the issuance of fractional shares, the Company will pay in cash on the Payment Date the fair value of the fractions of a share issuable, determined as of the close of Nasdaq on the Record Date and based upon the Class B Closing Price. For additional information please see our Current Report on Form 8-K which is expected to be filed with the Securities and Exchange Commission later today.... Read more
Latest Price: $ 10.04
Dividend Yield (TTM): 0.00%
- No dividends the last 12 months.
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