McRae Industries (OTCMKTS:MCRAA) Announces Earnings Results

McRae Industries (OTCMKTS:MCRAA) released its quarterly earnings results on Monday. The company reported $0.47 EPS for the quarter, Zacks reports. The company had revenue of $27.55 million during the quarter.

McRae Industries Price Performance

Shares of McRae Industries stock opened at $50.36 on Wednesday. McRae Industries has a 1 year low of $42.86 and a 1 year high of $52.40. The firm has a market cap of $95.43 million, a PE ratio of 9.97 and a beta of 0.28. The stock has a fifty day moving average price of $51.23 and a 200-day moving average price of $50.20.

McRae Industries Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Wednesday, March 19th. McRae Industries’s dividend payout ratio is presently 11.09%.

McRae Industries Company Profile

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.