McRae Industries, Inc. (OTCMKTS:MCRAA - Get Free Report) announced a quarterly dividend on Thursday, December 5th,NASDAQ Dividends reports. Shareholders of record on Wednesday, December 18th will be given a dividend of 0.70 per share on Thursday, January 2nd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.49%. The ex-dividend date is Wednesday, December 18th. This is a positive change from McRae Industries's previous quarterly dividend of $0.14.
McRae Industries Price Performance
Shares of OTCMKTS:MCRAA traded up $0.28 during mid-day trading on Friday, reaching $51.00. 778 shares of the company traded hands, compared to its average volume of 382. The company's 50 day moving average price is $49.25 and its 200-day moving average price is $48.27. McRae Industries has a 52 week low of $36.00 and a 52 week high of $51.00. The firm has a market cap of $96.65 million, a PE ratio of 8.96 and a beta of 0.33.
McRae Industries Company Profile
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McRae Industries, Inc manufactures and sells military combat boots for the United States Army. The company manufactures, sells, and distributes western, lifestyle, and work boots. It offers its products for men, women, and children under the Dan Post, Laredo Western Boots, Dingo, McRae Industrial, and McRae Footwear brand names.
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