Ramaco Resources, Inc. Announces Fourth Quarter Dividend
Ramaco Resources, Inc. - Class B (METCB)
Company Research
Source: PR Newswire
LEXINGTON, Ky., Nov. 20, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB, "Ramaco" or the "Company") today announced that its Board of Directors has declared dividends for the fourth quarter of fiscal year 2024 relating to both the Class A and Class B common shares to shareholders of record on December 2, 2024 (the "Record Date"). The dividends will be issued on December 16, 2024 (the "Payment Date").Both the Class A and Class B dividends will be paid in shares of Class B common stock and the number of shares to be issued will be based upon the per share closing transaction price of the Class B common stock reported by the Nasdaq Stock Market on the Record Date.Randall Atkins, Ramaco Resources' Chairman and Chief Executive Officer commented, "With this quarter's dividend we are offering our shareholders the opportunity to receive normal dividends in the form of shares in our Class B stock. This decision reflects our confidence in the Company's future growth, but also
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