Core Natural Resources Announces $0.10 Per Share Quarterly Dividend
Core Natural Resources (CNR) has declared a quarterly dividend of $0.10 per share, maintaining its previous payout level. The dividend carries a forward yield of 0.53%, with an ex-dividend date set for November 30 and payment scheduled for December 15. Despite the steady dividend, the company's recent financial performance shows mixed results. While revenue reached $1.15 billion—exceeding expectations by $20 million—the GAAP earnings per share (EPS) of $0.18 missed analyst estimates by $0.45. The company continues to manage significant long-term contracts, with 29.4 million tons secured through 2031.
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Topics: dividend declaration earnings miss revenue beat thermal coal contracts