Thermal Coal, as opposed to Met. Coal remains a large proportion of NHC’s earnings, but so far they’ve refrained from the big spending that unfolded down the road at WHC. Hence, their relatively attractive dividend stream remains, and they are forecast to yield very strongly in the coming years.
- We are long NHC as a dividend play with the stock estimated to yield 6.5% in 2025 – MM is long NHC in our Active Income Portfolio.
MM is long and bullish towards NHC
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