Analyzing Tootsie Roll Industries's Ex-Dividend Date
Portfolio Pulse from Benzinga Insights
Tootsie Roll Industries (NYSE:TR) has declared a dividend of $0.09 payable on July 6, 2021, with an ex-dividend date of June 17, 2021. The dividend yield is currently 1.08%. The company's dividend payouts have remained stable over the past year, with a slight increase in yield.
June 16, 2021 | 2:20 pm
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Tootsie Roll Industries has declared a $0.09 dividend with an ex-dividend date of June 17, 2021. The dividend yield is 1.08%, reflecting stability in payouts and a slight increase in yield over the past year.
The announcement of a dividend and its ex-dividend date is important for investors as it affects who is eligible to receive the dividend. The stability in dividend payouts and slight increase in yield may be seen as a positive sign of financial health, but the impact on stock price is likely neutral in the short term as the dividend amount and yield are consistent with past performance.
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