Royalty Management Holding Corporation (RMCO) to Distribute Quarterly Dividend of $0.00 on January 11th

Royalty Management Holding Corporation (NASDAQ:RMCO) declared a quarterly dividend on Wednesday, October 14th. Stockholders of record on Thursday, December 31st will be given a dividend of $0.0025 per share on Monday, January 11th. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, December 31st.

Royalty Management Trading Up 0.4%

Shares of RMCO stock opened at $2.36 on Friday. The business’s fifty day moving average price is $2.72 and its 200 day moving average price is $2.62. The firm has a market capitalization of $35.80 million and a PE ratio of -39.33. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.41 and a quick ratio of 1.41. Royalty Management has a 1-year low of $1.74 and a 1-year high of $5.00.

Royalty Management (NASDAQ:RMCO) last released its earnings results on Wednesday, August 12th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Royalty Management had a negative net margin of 14.53% and a negative return on equity of 7.93%. The business had revenue of $1.83 million during the quarter, compared to analyst estimates of $1.83 million. As a group, sell-side analysts forecast that Royalty Management will post -0.04 EPS for the current fiscal year.

Royalty Management Company Profile

Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty acquisition and management company focused on building a diversified portfolio of royalty interests and other contractual economic rights. The company seeks opportunities tied to natural resources and real assets, allowing it to participate in revenues generated by underlying assets without directly operating them.

Its areas of interest may include mining and minerals, water, agriculture, renewable energy, and other resource-related activities.