Ramaco Resources, Inc. 8.375% Preferred Stock due 2029

Ramaco Resources Inc. Preferred Stock 8.375% 11/30/29 is a type of preferred equity security issued by Ramaco Resources Inc. This financial instrument represents a class of ownership in the company, offering a fixed dividend rate of 8.375% until its maturity date on November 30, 2029. Preferred stocks like this one have priority over common stock in terms of dividend payouts and claim on assets in the event of liquidation, making them attractive to investors who seek steady income. Ramaco Resources Inc. operates in the coal sector, predominantly focusing on the production and sale of metallurgical coal from its reserves in the central Appalachian region. This preferred stock plays a pivotal role in providing capital funding to support the company's operational and expansion activities, balancing financial stability with shareholder value by offering a relatively high fixed return.