McRae Industries (OTCMKTS:MCRAA) Announces Earnings Results

McRae Industries (OTCMKTS:MCRAA) issued its earnings results on Tuesday. The company reported $0.82 earnings per share (EPS) for the quarter, Zacks reports.

McRae Industries Stock Up 0.7 %

Shares of MCRAA stock traded up $0.38 during trading hours on Tuesday, hitting $52.40. 400 shares of the company’s stock were exchanged, compared to its average volume of 380. McRae Industries has a fifty-two week low of $36.00 and a fifty-two week high of $52.40. The firm has a market cap of $99.30 million, a P/E ratio of 9.26 and a beta of 0.33. The firm has a 50 day moving average of $49.61 and a two-hundred day moving average of $48.50.

McRae Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Wednesday, December 18th will be issued a $0.70 dividend. This is a boost from McRae Industries’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Wednesday, December 18th. This represents a $2.80 dividend on an annualized basis and a yield of 5.34%. McRae Industries’s dividend payout ratio is presently 9.89%.

McRae Industries Company Profile

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.