Ramaco Resources Declares Q1 Class B Stock Dividend of $0.1489 per Share
Ramaco Resources approved a 2026 Q1 Class B stock dividend of $0.1489 per share, payable March 27 to shareholders of record on March 13. At the $10.43 closing price, each share yields 0.014276 new Class B shares, with cash paid for any fractional amounts.
1. Dividend Approval and Details
The board of directors approved a quarterly Class B common stock dividend of $0.1489 per share for the first quarter of 2026. This dividend will be paid in shares of Class B common stock to holders of record at the close of market on March 13, with distribution on March 27.
2. Share Issuance Calculation
The number of new shares issued per share is determined by dividing the $0.1489 dividend by the Class B closing price of $10.43 on March 13. This calculation results in 0.014276 of a Class B share for each existing share held.
3. Fractional Share Treatment
No fractional shares will be issued in connection with the stock dividend. Instead, holders entitled to fractions will receive a cash payment equal to the fair value of the fractional shares based on the closing price on the record date.
4. Record and Payment Dates
Shareholders of record as of March 13, 2026 will receive the stock dividend, which will be paid on March 27, 2026. Cash payments for fractional shares will also be processed on the payment date.