RCI Hospitality Holdings, Inc. (RICK) To Go Ex-Dividend on June 15th

RCI Hospitality Holdings, Inc. (NASDAQ:RICK) declared a quarterly dividend on Tuesday, June 2nd. Stockholders of record on Monday, June 15th will be paid a dividend of 0.08 per share by the restaurant operator on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, June 15th.

RCI Hospitality has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 4 years. RCI Hospitality has a dividend payout ratio of 5.2% meaning its dividend is sufficiently covered by earnings.

RCI Hospitality Price Performance

Shares of RICK opened at $24.42 on Thursday. The firm has a market cap of $186.57 million, a price-to-earnings ratio of -31.31 and a beta of 0.76. The stock has a 50 day moving average of $24.55 and a 200-day moving average of $24.12. The company has a current ratio of 0.55, a quick ratio of 0.49 and a debt-to-equity ratio of 0.93. RCI Hospitality has a 52 week low of $20.76 and a 52 week high of $43.10.

RCI Hospitality (NASDAQ:RICK) last issued its earnings results on Thursday, March 19th. The restaurant operator reported ($0.63) EPS for the quarter, missing the consensus estimate of $1.81 by ($2.44). The firm had revenue of $70.93 million during the quarter, compared to analyst estimates of $69.80 million. RCI Hospitality had a negative return on equity of 2.61% and a negative net margin of 2.31%.

RCI Hospitality Company Profile

RCI Hospitality Holdings, Inc operates as a diversified hospitality and entertainment company focused on the ownership and operation of adult nightclubs and themed sports bars throughout the United States and select international markets. The company’s U.S. Nightclub segment includes venues branded as Rick’s Cabaret, Club Onyx and various other upscale adult entertainment clubs, offering private dance experiences, VIP services and live performances. Its Restaurant & Bar segment operates Bombshells, a brunch-themed sports bar chain featuring chef-driven menus, craft cocktails and game-day viewing in a military-inspired setting.

In addition to its brick-and-mortar venues, RCI Hospitality deploys proprietary digital platforms for talent recruitment, training and scheduling, helping to streamline operations and drive customer engagement.