Royalty Management Holding Corporation (RMCO) To Go Ex-Dividend on March 31st

Royalty Management Holding Corporation (NASDAQ:RMCO) declared a quarterly dividend on Monday, February 2nd. Investors of record on Tuesday, March 31st will be given a dividend of 0.0025 per share on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Tuesday, March 31st.

Royalty Management Stock Down 29.8%

Shares of NASDAQ:RMCO opened at $2.31 on Friday. The company has a market cap of $34.97 million, a price-to-earnings ratio of -231.00 and a beta of -0.05. The business has a 50 day moving average price of $3.94 and a 200 day moving average price of $3.20. Royalty Management has a twelve month low of $0.91 and a twelve month high of $5.00.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Royalty Management in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Royalty Management Company Profile

Royalty Management Corporation is a Houston‐based mineral royalty acquisition and management company that owns and operates a diversified portfolio of oil and gas royalty interests. The firm’s primary business activity is the acquisition of royalty and overriding royalty interests in onshore oil and gas properties, allowing investors to participate in production revenue streams without the operational risks associated with drilling and exploration. Royalty Management targets assets in established U.S.