McRae Industries, Inc. Dividend Declared

Rhea-AI Summary

McRae Industries has announced a dividend declaration for both its Class A and Class B Common Stock shareholders. The total dividend of $0.84 per share includes a special dividend component of $0.70 per share. The dividend will be paid on January 2, 2025, to shareholders of record as of December 18, 2024.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

• Declared substantial special dividend of $0.70 per share
• Total dividend payment of $0.84 per share for both Class A and B shareholders

Negative

• None.

News Market Reaction – MCRAA

+0.55%

+0.55% News Effect

On the day this news was published, MCRAA gained 0.55%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MOUNT GILEAD, N.C., Dec. 5, 2024 /PRNewswire/ -- McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) declared a dividend of $.84 (which includes a special dividend of $.70 per share) per share on the Company's Class A and Class B Common Stock payable on January 2, 2025 to shareholders of record on December 18, 2024.

View original content:https://www.prnewswire.com/news-releases/mcrae-industries-inc-dividend-declared-302324205.html

SOURCE McRae Industries, Inc.

FAQ

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

McRae Industries declared a total dividend of $0.84 per share, which includes a special dividend of $0.70 per share.

When is the payment date for McRae Industries' (MCRAA) latest dividend?

The dividend payment date is January 2, 2025.

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

The record date for the dividend is December 18, 2024.

How much is McRae Industries' (MCRAA) special dividend component?

The special dividend component is $0.70 per share.