McRae Industries (OTCMKTS:MCRAA) Issues Earnings Results

McRae Industries (OTCMKTS:MCRAA) posted its earnings results on Monday. The company reported $0.47 earnings per share (EPS) for the quarter, Zacks reports.

McRae Industries Trading Down 1.3 %

Shares of McRae Industries stock opened at $50.36 on Tuesday. The firm has a fifty day simple moving average of $51.27 and a 200-day simple moving average of $50.17. McRae Industries has a 1-year low of $42.86 and a 1-year high of $52.40. The stock has a market capitalization of $95.43 million, a price-to-earnings ratio of 9.97 and a beta of 0.28.

McRae Industries Cuts Dividend

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