McRae Industries, Inc. Dividend Declared

(Neutral)

Rhea-AI Summary

McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) announced a dividend of $.14 per share on its Class A and Class B Common Stock. This dividend is payable on March 29, 2023, to shareholders on record as of March 15, 2023. The announcement reflects the company's commitment to returning value to its shareholders and indicates financial stability.

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

Positive

Dividend of $.14 per share declared
Demonstrates commitment to shareholder value
Financial stability indicated by dividend payment

Negative

None.

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03/02/2023 - 04:30 PM

MOUNT GILEAD, N.C., March 2, 2023 /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 March 29, 2023 to shareholders of record on March 15, 2023.

View original content:https://www.prnewswire.com/news-releases/mcrae-industries-inc-dividend-declared-301761518.html

SOURCE McRae Industries, Inc.

FAQ

What is the dividend amount declared by McRae Industries on March 2, 2023?

McRae Industries declared a dividend of $.14 per share on March 2, 2023.

When will the dividend be paid to shareholders?

The dividend will be paid on March 29, 2023.

Who is eligible to receive the dividend from McRae Industries?

Shareholders of record as of March 15, 2023, are eligible to receive the dividend.

How often does McRae Industries declare dividends?

The press release does not specify the frequency of dividends declared by McRae Industries.