Rocky Mountain Dealerships Inc. (TSE:RME) declared a quarterly dividend on Thursday, September 10th, Zacks reports. Investors of record on Monday, September 21st will be given a dividend of 0.015 per share on Wednesday, September 30th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Friday, September 18th.

Shares of RME stock opened at C$5.51 on Wednesday. The firm has a market capitalization of $106.11 million and a PE ratio of 54.55. The firm has a fifty day simple moving average of C$5.11 and a two-hundred day simple moving average of C$4.61. The company has a current ratio of 1.38, a quick ratio of 0.09 and a debt-to-equity ratio of 221.73. Rocky Mountain Dealerships has a 12 month low of C$3.32 and a 12 month high of C$7.35.

Rocky Mountain Dealerships (TSE:RME) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$0.15 EPS for the quarter, beating the Zacks’ consensus estimate of C($0.04) by C$0.19. The business had revenue of C$213.84 million for the quarter. On average, equities analysts predict that Rocky Mountain Dealerships will post 0.45 earnings per share for the current fiscal year.

RME has been the subject of a number of recent research reports. TD Securities upgraded shares of Rocky Mountain Dealerships from a “hold” rating to a “buy” rating and boosted their price target for the company from C$5.00 to C$6.00 in a research note on Friday, July 31st. Raymond James upgraded shares of Rocky Mountain Dealerships from a “market perform” rating to an “outperform” rating and set a C$6.50 target price for the company in a research note on Thursday, July 30th.

About Rocky Mountain Dealerships

Rocky Mountain Dealerships Inc, through its subsidiaries, sells, rents, leases, and provides support services for new and used agriculture and industrial equipment primarily in Canada and the United States. The company primarily provides utility tractors, harvesters, sprayers, articulated 4 wheel-drive tractors, skid steer loaders, excavators, wheel loaders, graders, and equipment for maintaining barns and feedlots.

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Dividend History for Rocky Mountain Dealerships (TSE:RME)

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