McRae Industries (OTCMKTS:MCRAA) Announces Earnings Results

McRae Industries (OTCMKTS:MCRAA) announced its quarterly earnings data on Monday. The company reported $0.47 EPS for the quarter, Zacks reports.

McRae Industries Price Performance

OTCMKTS:MCRAA traded down $0.64 during trading hours on Monday, hitting $50.36. The stock had a trading volume of 620 shares, compared to its average volume of 293. The firm has a market capitalization of $95.43 million, a price-to-earnings ratio of 9.97 and a beta of 0.28. McRae Industries has a one year low of $42.86 and a one year high of $52.40. The company has a 50 day simple moving average of $51.30 and a two-hundred day simple moving average of $50.15.

McRae Industries Cuts Dividend

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

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.