McRae Industries, Inc. Dividend Declared

McRae Industries (Pink Sheets: MCRAA and MCRAB) has declared a dividend of $0.14 per share on both its Class A and Class B Common Stock.

Rhea-AI Summary

McRae Industries (Pink Sheets: MCRAA and MCRAB) has declared a dividend of $0.14 per share on both its Class A and Class B Common Stock. The dividend is payable on October 3, 2024 to shareholders of record as of September 19, 2024. This announcement demonstrates the company's commitment to providing returns to its shareholders. McRae Industries, based in Mount Gilead, N.C., continues its practice of dividend payments, which may be of interest to income-focused investors.

Positive

• Dividend payment of $0.14 per share declared
• Consistent dividend policy maintained

Negative

• None.

Argus Publication session

+3.75% session move Open Argus

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News Market Reaction – MCRAA

In the trading session that priced this news, MCRAA gained 3.75%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MOUNT GILEAD, N.C., Sept. 6, 2024 /PRNewswire/ -- McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) declared a dividend of $.14 per share on the Company's Class A and Class B Common Stock payable on October 3, 2024 to shareholders of record on September 19, 2024.

View original content:https://www.prnewswire.com/news-releases/mcrae-industries-inc-dividend-declared-302240768.html

SOURCE McRae Industries, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by McRae Industries (MCRAA) for 2024?

McRae Industries (MCRAA) has declared a dividend of $0.14 per share for both its Class A and Class B Common Stock in 2024.

When is the dividend payable for McRae Industries (MCRAA) shareholders?

The dividend for McRae Industries (MCRAA) shareholders is payable on October 3, 2024.

What is the record date for McRae Industries (MCRAA) dividend in 2024?

The record date for McRae Industries (MCRAA) dividend is September 19, 2024. Shareholders must be on record by this date to receive the dividend.

Does McRae Industries (MCRAA) pay dividends on both Class A and Class B shares?

Yes, McRae Industries (MCRAA) pays dividends on both its Class A and Class B Common Stock, with the current declaration being $0.14 per share for both classes.