Tootsie Roll Industries, Inc. (NYSE:TR – Get 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 Company Profile
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.
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