Royalty Management Holding Corporation (NASDAQ:RMCO) Shareholders to Receive $0.00 Quarterly Dividend

Royalty Management Holding Corporation (NASDAQ:RMCO) declared a quarterly dividend on Wednesday, October 14th. Investors of record on Thursday, December 31st will be paid a dividend of $0.0025 per share on Monday, January 11th. This represents a $0.01 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, December 31st.

Royalty Management Price Performance

Shares of Royalty Management stock opened at $2.36 on Friday. The stock has a market capitalization of $35.80 million and a P/E ratio of -39.33. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average price is $2.72 and its 200 day moving average price is $2.62. Royalty Management has a twelve month low of $1.74 and a twelve month high of $5.00.

Royalty Management (NASDAQ:RMCO) last issued its earnings results on Wednesday, August 12th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Royalty Management had a negative return on equity of 7.93% and a negative net margin of 14.53%. The firm had revenue of $1.83 million for the quarter, compared to analysts’ expectations of $1.83 million. As a group, research analysts anticipate that Royalty Management will post -0.04 earnings per share for the current year.

Royalty Management Company Profile

Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty acquisition and management company focused on building a diversified portfolio of royalty interests and other contractual economic rights. The company seeks opportunities tied to natural resources and real assets, allowing it to participate in revenues generated by underlying assets without directly operating them.

Its areas of interest may include mining and minerals, water, agriculture, renewable energy, and other resource-related activities.