Tootsie Roll Industries, Inc. (TR) to Issue Quarterly Dividend of $0.09 on October 16th

Tootsie Roll Industries, Inc. (NYSE:TR) declared a quarterly dividend on Wednesday, September 16th. Stockholders of record on Wednesday, October 7th will be paid a dividend of 0.09 per share on Friday, October 16th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, October 7th.

Tootsie Roll Industries has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 3 years.

Tootsie Roll Industries Price Performance

Shares of NYSE TR opened at $37.26 on Friday. The stock has a market capitalization of $2.80 billion, a P/E ratio of 29.01 and a beta of 0.41. Tootsie Roll Industries has a 1-year low of $34.44 and a 1-year high of $45.06. The business has a fifty day moving average price of $39.48 and a 200 day moving average price of $40.27.

Tootsie Roll Industries (NYSE:TR) last posted its quarterly earnings data on Friday, August 7th. The company reported $0.18 earnings per share for the quarter. The business had revenue of $154.22 million for the quarter. Tootsie Roll Industries had a return on equity of 10.16% and a net margin of 13.14%.

Tootsie Roll Industries Company Profile

Tootsie Roll Industries, Inc is a confectionery company that manufactures and sells candy products in the United States and internationally. Founded in 1896 by Leo Hirschfield, the company is headquartered in Chicago, Illinois, and has built a portfolio of widely recognized brands sold through retail, grocery, convenience, and other distribution channels.

Its products include Tootsie Rolls and Tootsie Pops, along with Dubble Bubble, Charms, Junior Mints, DOTS, Sugar Babies, Sugar Daddy, Charleston Chew, Andes, and Cella’s.