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NACCO INDUSTRIES INCREASES QUARTERLY DIVIDEND

 MAYFIELD HEIGHTS, Ohio, May 12 /PRNewswire/ -- NACCO Industries, Inc. (NYSE: NC) today announced that the Board of Directors increased its regular quarterly cash dividend from 16 cents to 16-1/2 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 1993 to stockholders of record at the close of business on June 1, 1993. The new dividend is equal to an annual rate of 66 cents per share.
 -0- 5/12/93
 /CONTACT: R. Robertson Hilton, Vice President and Treasurer, NACCO Industries, 216-449-9600/
 (NC)


CO: NACCO Industries ST: Ohio IN: MNG SU: DIV

LC -- CL032 -- 7761 05/12/93 16:56 EDT
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Publication:PR Newswire
Date:May 12, 1993
Words:115
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