New York, May 21, 2026, 19:01 EDT
United States Lime & Minerals USLM gained Thursday, with shares last up 1.9% at $105.88. The stock moved between $100.60 and $107.22 on the day. Market cap was around $3.04 billion. Volume came in at 172,725 shares on the Nasdaq.
United States Lime’s $0.06 quarterly dividend comes into focus now, with Friday set as the record date. That’s the point when the Dallas-based lime and limestone company determines which shareholders will get paid. The company said it will pay the dividend June 12.
Investors get an updated look at the stock after United States Lime saw its long stretch of higher sales end in the first quarter. The company posted $87.8 million in revenue for the period to March 31, a drop of 3.7% from last year. Net income was $30.6 million, or $1.06 diluted earnings per share. Diluted earnings per share counts profit if all possible shares were issued.
The company reported that sales volumes dropped, mostly due to weaker demand in construction, oil and gas services, and roof shingle markets. Demand from steel customers rose, but that only partly made up for it. Gross profit was down 9.5%. Higher fuel and transportation costs hit results for the quarter as well.
Chief Executive Timothy W. Byrne said the company “remain[s] optimistic about the balance of the year” and that a new Texas kiln should “start up this summer.” The kiln is the high-temperature furnace used to turn limestone into lime, which goes into construction, steel, water treatment and other industrial markets. GlobeNewswire
United States Lime traded higher on Thursday, going the other way from the major U.S. materials names. The smaller producer tends to track big peers when it comes to construction and industrial trends. But while Martin Marietta Materials was down 0.7%, Vulcan Materials dropped 0.4%, and Eagle Materials fell 0.6%, United States Lime moved up.
United States Lime & Minerals in its latest quarterly filing said it runs as one reportable segment—lime and limestone operations—with plants and distribution in Arkansas, Colorado, Louisiana, Missouri, Oklahoma and Texas. The company also has royalty and non-operated working interests in natural gas wells in the Barnett Shale in Texas.
Thursday’s bounce hasn’t resolved the demand problem. If construction keeps slowing, oilfield business sags, or fuel and freight costs don’t come down, margins could stay squeezed even as the Texas kiln adds more supply.
Right now, the dividend record date is the next focus for the stock. Investors are also looking to the company’s summer kiln start and construction demand to see if those can make up for weaker first-quarter results.