Rocky Mountain Chocolate Factory, Inc. (RMCF) Announces Quarterly Dividend of $0.12
Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) announced a quarterly dividend on Thursday, August 17th, Wall Street Journal reports. Investors of record on Tuesday, September 5th will be paid a dividend of 0.12 per share on Friday, September 15th. This represents a $0.48 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Thursday, August 31st.
Shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF) traded down 0.08% during mid-day trading on Thursday, reaching $11.44. 12,007 shares of the company traded hands. The stock has a market capitalization of $67.03 million, a PE ratio of 19.07 and a beta of 0.90. Rocky Mountain Chocolate Factory has a 52-week low of $9.65 and a 52-week high of $13.23. The stock’s 50 day moving average is $11.48 and its 200 day moving average is $11.56.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last issued its earnings results on Thursday, July 6th. The company reported $0.14 EPS for the quarter. Rocky Mountain Chocolate Factory had a net margin of 9.23% and a return on equity of 18.66%. The company had revenue of $9.35 million for the quarter. On average, analysts anticipate that Rocky Mountain Chocolate Factory will post $0.71 earnings per share for the current year.
In other news, VP Gregory L. Pope sold 4,100 shares of the business’s stock in a transaction on Thursday, July 13th. The shares were sold at an average price of $11.08, for a total value of $45,428.00. Following the sale, the vice president now owns 30,311 shares in the company, valued at approximately $335,845.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 6,889 shares of company stock worth $76,653 in the last 90 days. 13.12% of the stock is owned by corporate insiders.
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About Rocky Mountain Chocolate Factory
Rocky Mountain Chocolate Factory, Inc is an international franchisor, confectionery manufacturer and retail operator. The Company’s subsidiary, U-Swirl International, Inc (U-Swirl), franchises and operates soft-serve frozen yogurt stores. The Company operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl operations and Other.
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