Rocky Mountain Chocolate Factory Declares Quarterly Dividend of $0.11 (RMCF)
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) announced a quarterly dividend on Thursday, February 13th, AnalystRatings.Net reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.11 per share on Friday, March 14th. This represents a $0.44 annualized dividend and a dividend yield of 3.82%.
On the ratings front, analysts at Thomson Reuters/Verus upgraded shares of Rocky Mountain Chocolate Factory from a “hold” rating to a “buy” rating in a research note on Tuesday, December 24th.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) opened at 11.40 on Thursday. Rocky Mountain Chocolate Factory has a 1-year low of $11.09 and a 1-year high of $13.98. The stock has a 50-day moving average of $11.68 and a 200-day moving average of $12.37. The company has a market cap of $69.7 million and a price-to-earnings ratio of 24.12.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last released its earnings data on Tuesday, January 21st. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.05. The company had revenue of $9.30 million for the quarter, compared to the consensus estimate of $9.67 million. Analysts expect that Rocky Mountain Chocolate Factory will post $0.63 EPS for the current fiscal year.
Rocky Mountain Chocolate Factory, Inc is an international franchisor and confectionery manufacturer. The Company is engaged in the manufacture of a range of chocolate candies and other confectionery products.
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