Rocky Brands, Inc. (RCKY) To Go Ex-Dividend on September 1st

Rocky Brands, Inc. (NASDAQ:RCKY) declared a quarterly dividend on Monday, August 17th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.17 per share by the textile maker on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 1st.

Rocky Brands has increased its dividend by an average of 0.0%per year over the last three years. Rocky Brands has a payout ratio of 25.2% indicating that its dividend is sufficiently covered by earnings.

Rocky Brands Price Performance

Shares of NASDAQ:RCKY opened at $46.26 on Wednesday. The company has a current ratio of 2.97, a quick ratio of 1.12 and a debt-to-equity ratio of 0.43. Rocky Brands has a 1 year low of $25.76 and a 1 year high of $53.01. The business has a fifty day simple moving average of $42.96 and a 200 day simple moving average of $40.08. The firm has a market cap of $346.49 million, a price-to-earnings ratio of 12.11 and a beta of 2.35.

Rocky Brands (NASDAQ:RCKY) last issued its earnings results on Tuesday, July 28th. The textile maker reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $1.55. Rocky Brands had a return on equity of 12.28% and a net margin of 5.72%.The firm had revenue of $118.37 million for the quarter, compared to the consensus estimate of $110.08 million.

About Rocky Brands

Rocky Brands, Inc is a designer, manufacturer and marketer of premium footwear, apparel and accessories for a diverse range of end-users. The company serves outdoor enthusiasts, hardworking professionals and military personnel under a family of brands that includes Rocky, Georgia Boot, Durango and Xtratuf. Products span hunting and hiking boots, work and safety footwear, western and lifestyle boots, as well as performance socks and outerwear.

Rocky Brands operates multiple production and distribution facilities in North America, with its corporate headquarters located in Nelsonville, Ohio.