Tootsie Roll Industries (TR) Given News Impact Score of 0.12
News articles about Tootsie Roll Industries (NYSE:TR) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tootsie Roll Industries earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.2185986596368 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Tootsie Roll Industries (NYSE:TR) opened at $35.70 on Wednesday. Tootsie Roll Industries has a fifty-two week low of $34.30 and a fifty-two week high of $40.88. The stock has a market cap of $2,276.11, a PE ratio of 33.63 and a beta of 0.68.
The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Monday, December 18th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date was Friday, December 15th. Tootsie Roll Industries’s payout ratio is 33.91%.
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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