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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NEUTRAL IMPACT
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.
CONFIDENCE 100
IMPORTANCE 70
RELEVANCE 100