Hallador Energy Co (HNRG) Declares Quarterly Dividend of $0.04
Hallador Energy (NASDAQ:HNRG) declared a quarterly dividend on Tuesday, October 15th, Stock Ratings Network.com reports. Shareholders of record on Thursday, October 31st will be given a dividend of $0.04 per share on Friday, November 15th. This represents a $0.16 dividend on an annualized basis and a yield of 2.25%.
On the ratings front, analysts at Zacks upgraded shares of Hallador Energy from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 8th. They now have a $8.60 price target on the stock.
Hallador Energy (NASDAQ:HNRG) traded up 1.14% on Tuesday, hitting $7.12. The stock had a trading volume of 87,971 shares. Hallador Energy has a 52-week low of $6.38 and a 52-week high of $10.20. The stock has a 50-day moving average of $7.12 and a 200-day moving average of $7.47. The company has a market cap of $203.7 million and a P/E ratio of 8.19.
Hallador Energy Company is engaged in underground coal mining in the state of Indiana through Sunrise Coal LLC (NASDAQ:HNRG) serving the electric power generation industry.
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