Royalty Management Holding Corporation (RMCO) to Issue Quarterly Dividend of $0.00 on July 10th

Royalty Management Holding Corporation (NASDAQ:RMCOGet Free Report) declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.0025 per share on Friday, July 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, June 30th.

Royalty Management Stock Up 18.9%

Shares of Royalty Management stock opened at $2.90 on Friday. The business has a fifty day simple moving average of $2.62 and a 200 day simple moving average of $3.16. The stock has a market cap of $43.96 million, a PE ratio of -36.25 and a beta of -0.04. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.02. Royalty Management has a 12 month low of $1.18 and a 12 month high of $5.00.

Royalty Management (NASDAQ:RMCOGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $1.64 million for the quarter, compared to the consensus estimate of $1.64 million. Royalty Management had a negative return on equity of 11.50% and a negative net margin of 23.33%.

Royalty Management Company Profile

(Get Free Report)

Royalty Management Corporation is a Houston‐based mineral royalty acquisition and management company that owns and operates a diversified portfolio of oil and gas royalty interests. The firm’s primary business activity is the acquisition of royalty and overriding royalty interests in onshore oil and gas properties, allowing investors to participate in production revenue streams without the operational risks associated with drilling and exploration. Royalty Management targets assets in established U.S.

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Dividend History for Royalty Management (NASDAQ:RMCO)

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