McRae Industries has announced a dividend payment of $0.14 per share for both its Class A and Class B Common Stock. The dividend will be paid on July 2, 2025, to shareholders who are recorded as stockholders as of June 18, 2025. This dividend declaration demonstrates the company's commitment to providing regular returns to its shareholders.
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Positive
Company maintains its dividend payment program, showing financial stability
Equal dividend treatment for both Class A and Class B shareholders
Negative
None.
News Market Reaction – MCRAA
+1.19%
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+1.19%News Effect
On the day this news was published, MCRAA gained 1.19%, reflecting a mild positive market reaction.
MOUNT GILEAD, N.C., June 5, 2025 /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 July 2, 2025 to shareholders of record on June 18, 2025.