Rocky Mountain Chocolate Factory, Inc. Announces Quarterly Dividend of $0.11 (RMCF)
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) announced a quarterly dividend on Thursday, August 21st, Analyst Ratings News reports. Investors of record on Tuesday, September 2nd will be paid a dividend of 0.11 per share on Friday, September 12th. This represents a $0.44 annualized dividend and a dividend yield of 3.47%.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) opened at 12.65 on Thursday. Rocky Mountain Chocolate Factory has a 52-week low of $11.31 and a 52-week high of $13.67. The stock has a 50-day moving average of $12.86 and a 200-day moving average of $12.07. The company has a market cap of $78.5 million and a price-to-earnings ratio of 21.08.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last posted its quarterly earnings results on Tuesday, July 15th. The company reported $0.14 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.24 by $0.10. The company had revenue of $10.30 million for the quarter, compared to the consensus estimate of $11.35 million. During the same quarter in the prior year, the company posted $0.19 earnings per share. On average, analysts predict that Rocky Mountain Chocolate Factory will post $0.82 earnings per share for the current fiscal year.
In other Rocky Mountain Chocolate Factory news, CFO Bryan J. Merryman sold 3,900 shares of the company’s stock on the open market in a transaction dated Monday, August 11th. The stock was sold at an average price of $12.53, for a total transaction of $48,867.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Rocky Mountain Chocolate Factory, Inc is an international franchisor and confectionery manufacturer. The Company manufactures a line of chocolate candies and other confectionery products.
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