Tootsie Roll Industries, Inc. (TR) to Issue Quarterly Dividend of $0.09 on July 9th

Tootsie Roll Industries, Inc. (NYSE:TRGet Free Report) declared a quarterly dividend on Thursday, June 4th. Stockholders of record on Thursday, June 18th will be paid a dividend of 0.09 per share on Thursday, July 9th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Thursday, June 18th.

Tootsie Roll Industries has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 3 years.

Tootsie Roll Industries Stock Performance

Shares of TR opened at $37.86 on Tuesday. Tootsie Roll Industries has a 1 year low of $33.02 and a 1 year high of $45.06. The stock has a market capitalization of $2.85 billion, a PE ratio of 28.32 and a beta of 0.41. The stock has a 50-day simple moving average of $40.92 and a 200-day simple moving average of $39.90.

Tootsie Roll Industries (NYSE:TRGet Free Report) last released its earnings results on Friday, May 8th. The company reported $0.24 earnings per share for the quarter. Tootsie Roll Industries had a net margin of 13.70% and a return on equity of 10.77%. The firm had revenue of $151.54 million for the quarter.

Tootsie Roll Industries Company Profile

(Get Free Report)

Tootsie Roll Industries, Inc is a U.S.-based confectionery company best known for producing Tootsie Rolls and Tootsie Pops. Headquartered in Chicago, the company manufactures a broad range of candy products, including fruit-flavored chews, gummies, mints and gum, under a portfolio of well-recognized brands. Its offerings are sold through mass-market retailers, convenience stores, specialty shops and vending channels.

The company traces its origins to 1896 when confectioner Leo Hirschfeld invented the Tootsie Roll in New York City.

See Also

Dividend History for Tootsie Roll Industries (NYSE:TR)

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