Ramaco Resources, Inc. Declares the Quarterly Class A Common Stock Cash Dividend for the First Quarter of 2024, Payable on March 15, 2024
December 06, 2023 at 08:30 am EST
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Ramaco Resources, Inc. approved and declared the quarterly Class A common stock cash dividend of $0.1375 per share for the first quarter of 2024. The first quarter dividend is payable on March 15, 2024, to shareholders of record on March 1, 2024.
Ramaco Resources, Inc. is a metallurgical coal company. The Company operates and develops metallurgical coal in southern West Virginia and southwestern Virginia. Its development portfolio primarily includes four properties: Elk Creek, Berwind, Knox Creek, and Maben. Its operations include six active mines at its Elk Creek mining complex, three active mines at its Berwind mining complex, two active mines at its Knox Creek mining complex, and one active mine at its Maben mining complex. The Elk Creek property consists of approximately 20,200 acres of controlled mineral rights and contains approximately 16 seams that it has targeted for production. The Berwind property consists of approximately 62,500 acres of controlled mineral rights. The Knox Creek Complex includes a preparation plant and 64,050 acres of controlled mineral rights. The Maben property is located in southern West Virginia and consists of approximately 28,000 acres of controlled mineral rights.