Hallador Energy Company (HNRG) Declares $0.04 Quarterly Dividend

Hallador Energy Company (NASDAQ:HNRG) announced a quarterly dividend on Tuesday, July 18th, Wall Street Journal reports. Shareholders of record on Monday, July 31st will be given a dividend of 0.04 per share by the energy company on Friday, August 11th. This represents a $0.16 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Thursday, July 27th.

Hallador Energy (NASDAQ:HNRG) opened at 6.64 on Friday. Hallador Energy has a 52-week low of $5.00 and a 52-week high of $10.40. The company has a 50-day moving average of $7.58 and a 200-day moving average of $8.00. The stock has a market capitalization of $195.87 million, a price-to-earnings ratio of 14.53 and a beta of -0.61.

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Separately, Zacks Investment Research raised Hallador Energy from a “sell” rating to a “hold” rating and set a $8.25 target price on the stock in a report on Thursday, May 11th.

About Hallador Energy

Hallador Energy Company is an oil and gas exploration company focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. Its projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine.