Tootsie Roll Industries, Inc. (TR) to Issue Quarterly Dividend of $0.09 on January 2nd
Tootsie Roll Industries, Inc. (NYSE:TR) announced a quarterly dividend on Friday, December 8th, Wall Street Journal reports. Stockholders of record on Monday, December 18th will be paid a dividend of 0.09 per share on Tuesday, January 2nd. This represents a $0.36 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Friday, December 15th.
Tootsie Roll Industries has raised its dividend by an average of 14.5% annually over the last three years and has raised its dividend every year for the last 51 years.
Shares of Tootsie Roll Industries (TR) opened at $36.00 on Friday. The stock has a market capitalization of $2,266.67, a P/E ratio of 33.91 and a beta of 0.68. Tootsie Roll Industries has a twelve month low of $34.30 and a twelve month high of $40.44.
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About Tootsie Roll Industries
Tootsie Roll Industries, Inc and its subsidiaries are engaged in the manufacture and sale of confectionery products. The Company offers a range of candy, chocolate and bubble gum brands. Its products are marketed in a range of packages designed to be suitable for display and sale in different types of retail outlets.
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