McRae Industries (OTCMKTS:MCRAA) Posts Quarterly Earnings Results

McRae Industries (OTCMKTS:MCRAA) announced its quarterly earnings data on Tuesday. The company reported $0.82 EPS for the quarter, Zacks reports.

McRae Industries Price Performance

McRae Industries stock opened at $52.40 on Wednesday. The firm has a market capitalization of $99.30 million, a price-to-earnings ratio of 9.26 and a beta of 0.33. The company’s 50 day simple moving average is $49.68 and its 200 day simple moving average is $48.53. McRae Industries has a fifty-two week low of $36.00 and a fifty-two week high of $52.40.

McRae Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Wednesday, December 18th will be given a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 5.34%. This is an increase from McRae Industries’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Wednesday, December 18th. McRae Industries’s dividend payout ratio (DPR) is currently 9.89%.

About McRae Industries

McRae Industries, Inc manufactures and sells military combat boots for the United States Army. The company manufactures, sells, and distributes western, lifestyle, and work boots. It offers its products for men, women, and children under the Dan Post, Laredo Western Boots, Dingo, McRae Industrial, and McRae Footwear brand names.