Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) to Issue Quarterly Dividend of $0.12

Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) declared a quarterly dividend on Thursday, November 14th, Fidelity reports. Investors of record on Friday, November 22nd will be given a dividend of 0.12 per share on Friday, December 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date is Thursday, November 21st.

RMCF opened at $8.71 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.88 and a quick ratio of 2.05. The company’s 50-day moving average is $9.05 and its 200 day moving average is $9.05. Rocky Mountain Chocolate Factory has a fifty-two week low of $7.95 and a fifty-two week high of $9.90.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last released its quarterly earnings results on Friday, October 11th. The company reported $0.15 earnings per share for the quarter. Rocky Mountain Chocolate Factory had a net margin of 7.57% and a return on equity of 12.53%. The company had revenue of $7.39 million for the quarter.

Separately, TheStreet raised shares of Rocky Mountain Chocolate Factory from a “c” rating to a “b-” rating in a research report on Friday, October 11th.

About Rocky Mountain Chocolate Factory

Rocky Mountain Chocolate Factory, Inc, together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator. It operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other. The company produces approximately 700 chocolate candies and other confectionery products, including clusters, caramels, creams, toffees, mints, and truffles; and offers 15 varieties of caramel apples and other products that are prepared in individual stores, as well as provides ice cream, coffee, and other sundries.

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Dividend History for Rocky Mountain Chocolate Factory (NASDAQ:RMCF)

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