McRae Industries (OTCMKTS:MCRAA - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.82 EPS for the quarter, Zacks reports.
McRae Industries Price Performance
Shares of McRae Industries stock remained flat at $52.40 during trading hours on Tuesday. McRae Industries has a 52-week low of $36.00 and a 52-week high of $52.40. The stock has a market capitalization of $99.30 million, a P/E ratio of 9.26 and a beta of 0.33. The firm's 50-day simple moving average is $49.61 and its two-hundred day simple moving average is $48.50.
McRae Industries Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Wednesday, December 18th will be given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 5.34%. The ex-dividend date is Wednesday, December 18th. This is an increase from McRae Industries's previous quarterly dividend of $0.14. McRae Industries's dividend payout ratio is 9.89%.
McRae Industries Company Profile
(
Get Free Report)
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.
Read More
Before you consider McRae Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and McRae Industries wasn't on the list.
While McRae Industries currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.