Mcrae Industrie Declares Dividend of $0.14 (OTCMKTS:MCRAA)

Key Points

• Mcrae Industrie has declared a dividend of $0.14 per share, which will be paid to stockholders on October 2nd for those on record as of September 19th.
• The company currently has a market capitalization of approximately $85.96 million and a price-to-earnings ratio of 8.60.
• Mcrae Industries produces military combat boots as well as various styles of lifestyle and work boots, operating under several well-known brand names.

Mcrae Industrie (OTCMKTS:MCRAA - Get Free Report) announced a dividend on Tuesday, September 16th, investing.com reports. Shareholders of record on Friday, September 19th will be given a dividend of 0.14 per share on Thursday, October 2nd. This represents a dividend yield of 123.0%. The ex-dividend date is Thursday, September 18th.

Mcrae Industrie Stock Down 0.3%

OTCMKTS MCRAA traded down $0.14 during trading hours on Friday, reaching $45.34. The firm has a fifty day moving average price of $46.86 and a 200 day moving average price of $47.90. Mcrae Industrie has a 12 month low of $43.19 and a 12 month high of $52.40. The company has a market capitalization of $85.69 million, a PE ratio of 8.57 and a beta of 0.13.

About Mcrae Industrie

McRae Industries, Inc manufactures and sells military combat boots for the United States Army. The company manufactures, sells, and distributes western, lifestyle, and work boots. It offers its products for men, women, and children under the Dan Post, Laredo Western Boots, Dingo, McRae Industrial, and McRae Footwear brand names.