Tootsie Roll Industries, Inc. (NYSE:TR – Get Free Report) declared a quarterly dividend on Wednesday, September 16th. Investors of record on Wednesday, October 7th will be paid a dividend of 0.09 per share on Friday, October 16th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, October 7th.
Tootsie Roll Industries has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 3 years.
Tootsie Roll Industries Price Performance
Shares of NYSE TR opened at $37.66 on Friday. The business has a 50-day moving average of $39.48 and a 200-day moving average of $40.27. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 29.32 and a beta of 0.41. Tootsie Roll Industries has a fifty-two week low of $34.44 and a fifty-two week high of $45.06.
Analyst Ratings Changes
Separately, Weiss Ratings raised Tootsie Roll Industries from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, September 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on Tootsie Roll Industries
Tootsie Roll Industries Company Profile
Tootsie Roll Industries, Inc is a confectionery company that manufactures and sells candy products in the United States and internationally. Founded in 1896 by Leo Hirschfield, the company is headquartered in Chicago, Illinois, and has built a portfolio of widely recognized brands sold through retail, grocery, convenience, and other distribution channels.
Its products include Tootsie Rolls and Tootsie Pops, along with Dubble Bubble, Charms, Junior Mints, DOTS, Sugar Babies, Sugar Daddy, Charleston Chew, Andes, and Cella’s.
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