On September 14, 2026, Ramaco Resources, Inc. issued a press release announcing the specific dividend ratio for its previously declared Class B common stock dividend for the third quarter of fiscal year 2026. The company disclosed that the dividend is payable on September 25, 2026, to shareholders of record as of September 11, 2026.
The dividend is valued at $0.1535 per share of Class B common stock. The actual number of shares issued to each shareholder is determined by dividing this dividend amount by the closing price of the Class B stock on the record date. According to the filing, the Class B closing price on September 11, 2026, was $5.99 per share. Based on this calculation, stockholders will receive 0.025626 shares of Class B common stock for each share held.
The company noted that no fractional shares will be issued. Instead, in lieu of fractional shares, the company will pay cash on the payment date equal to the fair value of the fractions, calculated based on the Class B closing price on the record date.
Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia and southwestern Virginia. The company also operates a coal mine and rare earth element exploration project near Sheridan, Wyoming.
