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

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 paid a dividend of 0.09 per share on Thursday, October 16th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, October 7th.

Tootsie Roll Industries Trading Up 0.9%

Shares of TR stock opened at $41.62 on Thursday. The business's 50 day moving average is $39.10 and its two-hundred day moving average is $34.97. Tootsie Roll Industries has a twelve month low of $28.18 and a twelve month high of $41.94. The company has a market capitalization of $3.04 billion, a P/E ratio of 33.37 and a beta of 0.46.

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

About Tootsie Roll Industries

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.