Tootsie Roll Industries, Inc. (NYSE:TR) Plans Quarterly Dividend of $0.09

Key Points

• Tootsie Roll Industries, Inc. declared a quarterly dividend of $0.09 per share, payable on October 16th to shareholders of record by October 7th, representing a dividend yield of 0.9%.
• As of the latest trading session, Tootsie Roll's stock opened at $41.62, with a twelve-month range between $28.18 and $41.94.
• For the previous quarter, Tootsie Roll reported earnings of $0.24 per share and a revenue of $153.19 million, yielding a net margin of 12.72%.

Tootsie Roll Industries, Inc. (NYSE:TR - Get Free Report) declared a quarterly dividend on Wednesday, September 17th. Shareholders of record on Tuesday, October 7th will be given a dividend of 0.09 per share on Thursday, October 16th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, October 7th.

Tootsie Roll Industries Price Performance

Shares of TR stock traded down $0.46 on Friday, hitting $40.51. 1,073,770 shares of the stock traded hands, compared to its average volume of 169,491. The company's fifty day moving average is $39.34 and its 200 day moving average is $35.12. Tootsie Roll Industries has a 1-year low of $28.18 and a 1-year high of $42.10. The company has a market capitalization of $2.96 billion, a PE ratio of 32.48 and a beta of 0.46.

Tootsie Roll Industries (NYSE:TR - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The company reported $0.24 earnings per share for the quarter. The firm had revenue of $153.19 million for the quarter. Tootsie Roll Industries had a net margin of 12.72% and a return on equity of 10.36%.

Tootsie Roll Industries Company Profile

Tootsie Roll Industries, Inc, together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Fruit Rolls, Frooties, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks.