McRae Industries, Inc. Dividend Declared

(Neutral)

Rhea-AI Summary

McRae Industries, Inc. (MCRAA, MCRAB) announced a dividend of $.13 per share on its Class A and Class B Common Stock. This dividend is payable on June 30, 2021 to shareholders recorded on June 16, 2021. This decision reflects the company’s ongoing commitment to provide returns to its shareholders amidst its business operations.

Positive

Dividend of $.13 per share announced, indicating company confidence in profitability.

Negative

None.

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

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06/03/2021 - 04:30 PM

MOUNT GILEAD, N.C., June 3, 2021 /PRNewswire/ -- McRae Industries, Inc. (Pink Sheets: MCRAA and MCRAB) declared a dividend of $.13 per share on the Company's Class A and Class B Common Stock payable on June 30, 2021 to shareholders of record on June 16, 2021.

View original content:http://www.prnewswire.com/news-releases/mcrae-industries-inc-dividend-declared-301305499.html

SOURCE McRae Industries, Inc.

FAQ

What is the dividend amount declared by McRae Industries?

McRae Industries declared a dividend of $.13 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 30, 2021.

What is the record date for the dividend?

The record date for the dividend is June 16, 2021.

Which stocks received the dividend from McRae Industries?

The dividend applies to both Class A and Class B Common Stock.