Tootsie Roll Industries (TR) Sets New 12-Month Low at $32.40
Tootsie Roll Industries, Inc. (NYSE:TR)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $32.40 and last traded at $32.40, with a volume of 34957 shares trading hands. The stock had previously closed at $33.85.
The stock has a market capitalization of $2,131.30, a price-to-earnings ratio of 26.24 and a beta of 0.66.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 27th. Investors of record on Tuesday, March 6th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend is Monday, March 5th. Tootsie Roll Industries’s dividend payout ratio (DPR) is 27.91%.
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About Tootsie Roll Industries
Tootsie Roll Industries, Inc and its subsidiaries are engaged in the manufacture and sale of confectionery products. The Company offers a range of candy, chocolate and bubble gum brands. Its products are marketed in a range of packages designed to be suitable for display and sale in different types of retail outlets.
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