Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Announces Dividend of $0.06

Key Points

• Rolls-Royce Holdings PLC will pay a dividend of $0.06 per share on September 25th, with an ex-dividend date of August 11th.
• The company has experienced significant interest from institutional investors, with notable stakes increasing over the past quarters.
• As of August 5th, the stock opened at $14.57, marking a 1-year price range between a low of $5.49 and a high of $14.60.

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report) declared a dividend on Tuesday, August 5th, investing.com reports. Investors of record on Tuesday, August 12th will be paid a dividend of 0.0596 per share by the aerospace company on Thursday, September 25th. This represents a yield of 97.0%. The ex-dividend date is Monday, August 11th.

Rolls-Royce Holdings PLC Stock Performance

Shares of OTCMKTS RYCEY traded up $0.24 during midday trading on Wednesday, hitting $14.70. The stock had a trading volume of 1,433,370 shares, compared to its average volume of 2,663,342. Rolls-Royce Holdings PLC has a 1-year low of $5.95 and a 1-year high of $14.73. The company has a fifty day moving average price of $12.98 and a 200 day moving average price of $10.66.

Institutional Investors Weigh In On Rolls-Royce Holdings PLC

Hedge funds and other institutional investors have recently modified their holdings of the stock. First Horizon Advisors Inc. raised its holdings in shares of Rolls-Royce Holdings PLC by 31.8% in the first quarter. First Horizon Advisors Inc. now owns 8,526 shares of the aerospace company's stock valued at $84,000 after buying an additional 2,055 shares during the last quarter. Sterling Investment Advisors Ltd. bought a new stake in shares of Rolls-Royce Holdings PLC during the second quarter worth $174,000. Financial Avengers Inc. lifted its stake in shares of Rolls-Royce Holdings PLC by 32.6% during the fourth quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company's stock valued at $203,000 after acquiring an additional 7,000 shares during the period. GAMMA Investing LLC boosted its holdings in Rolls-Royce Holdings PLC by 14.7% in the first quarter. GAMMA Investing LLC now owns 29,344 shares of the aerospace company's stock valued at $288,000 after acquiring an additional 3,771 shares during the last quarter. Finally, Torray Investment Partners LLC acquired a new stake in Rolls-Royce Holdings PLC in the second quarter worth about $669,000. Institutional investors and hedge funds own 0.07% of the company's stock.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.