Rocky Brands, Inc. (NASDAQ:RCKY) will begin trading ex-dividend on September 1, 2020. The quarterly dividend payment of $ 0.14 per share is scheduled to be paid on September 16, 2020. The dividend yield based on the latest trading day closing price was 2.38 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Rocky Brands, Inc. recently reported second quarter financial results on July 28, 2020, after market close, the Nelsonville based company revealed income for the second quarter of $ 0.44 per share, from the revenue of $ 56.19 million. The quarterly earnings up 4.76 percent while revenues contracted 9.31 percent compared with the same quarter last year.
Wall street analysts are predicting, RCKY to report 2Q20 loss of $ 0.16 per share from revenue of $ 42.10 million. The bottom line results beat street analysts by $ 0.6 or 375.00 percent, at the same time, top line results outshined analysts by $ 14.09 million or 33.47 percent.
Stock Performance
Shares of Rocky Brands, Inc. traded up $ 0.27 or 1.16 percent on Friday, reaching $ 23.54 with volume of 42.80 thousand shares. Rocky Brands, Inc. has traded high as $ 23.59 and has cracked $ 23.14 on the downward trend
According to the previous trading day, closing price of $ 23.54, representing a 55.55 % increase from the 52 week low of $ 14.96 and a 31.84 % decrease over the 52 week high of $ 34.14.
The company has a market capital of $ 172.20 million and is part of the Consumer Cyclical sector and Footwear & Accessories industry.
Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, and Michelin brand names in the United States, Canada, and internationally. The company operates through three segments: Wholesale, Retail, and Military.
