Royalty Management Holding Corporation (NASDAQ:RMCO) Declares Quarterly Dividend of $0.00

Royalty Management Holding Corporation (NASDAQ:RMCO) declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.0025 per share on Friday, July 10th. This represents a c) dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Tuesday, June 30th.

Royalty Management Stock Performance

Shares of NASDAQ:RMCO opened at $2.90 on Friday. The company has a market capitalization of $43.96 million, a price-to-earnings ratio of -36.25 and a beta of -0.04. Royalty Management has a 52 week low of $1.18 and a 52 week high of $5.00. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average of $2.62 and a 200 day moving average of $3.16.

Royalty Management (NASDAQ:RMCO) last announced its earnings results on Thursday, May 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. Royalty Management had a negative net margin of 23.33% and a negative return on equity of 11.50%. The company had revenue of $1.64 million for the quarter, compared to the consensus estimate of $1.64 million.

About Royalty Management

Royalty Management Corporation is a Houston‐based mineral royalty acquisition and management company that owns and operates a diversified portfolio of oil and gas royalty interests. The firm’s primary business activity is the acquisition of royalty and overriding royalty interests in onshore oil and gas properties, allowing investors to participate in production revenue streams without the operational risks associated with drilling and exploration. Royalty Management targets assets in established U.S.