Tootsie Roll Industries Inc. Declares Quarterly Dividend of $0.08 (TR)
Tootsie Roll Industries (NYSE:TR) announced a quarterly dividend on Thursday, September 26th, American Banking & Market News reports. Shareholders of record on Monday, October 7th will be paid a dividend of $0.08 per share on Friday, October 18th. This represents a $0.32 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Thursday, October 3rd.
Shares of Tootsie Roll Industries (NYSE:TR) traded down 0.45% during mid-day trading on Thursday, hitting $31.23. 48,843 shares of the company’s stock traded hands. Tootsie Roll Industries has a one year low of $24.5825 and a one year high of $35.25. The stock has a 50-day moving average of $31.72 and a 200-day moving average of $31.66. The company has a market cap of $1.861 billion and a price-to-earnings ratio of 35.45.
Tootsie Roll Industries, Inc along with its subsidiaries, is engaged in the manufacture and sale of confectionery products.
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