E Daily Stock Analysis: NACCO Industries

A new portfolio of stocks I started building September 8, at a one stock per week pace for the next year, is named Vista.  I will select its fourth stock this coming weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today we'll review the fourth of five energy sector stock candidates vying to be that fourth selection for the Vista portfolio.

My subject today is a small-cap thermal coal miner named, NACCO Industries Inc. Its trading ticker symbol is NC. This is my first ever report on NACCO Industries Inc for any of my six dog of the week portfolios.  

NACCO Industries Inc is a holding company that operates primarily in the mining industry. 

The company operates surface mines that supply coal primarily to power generation companies under long-term contracts and provide other value-added services to natural resource companies. 

It mines coal in North Dakota, Texas, Mississippi, Louisiana, and on the Navajo Nation in New Mexico for power generation.

In addition, the company promotes the development of its oil, gas, and coal reserves that generates income primarily from royalty-based lease payments from third parties; and offers surface and mineral acquisition, and lease maintenance services. 

NACCO Industries, Inc. was founded in 1913 and is headquartered in Cleveland, Ohio.

I use three key data points to gauge dividend equities or funds like NACCO Industries Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

NC Price

NACCO's price per share closed at $18.20 yesterday. A year ago its price was $64.21. Price fell $46.01 or just over 71.66% last year.

If NACCO's stock trades in the range of $15 to $25 this next year, its recent $18.20 price might rise by $1.80 to reach $20.00 by October 1, 2021. 

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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