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McRae Industries, Inc. Dividend Declared

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Rhea-AI Summary

McRae Industries, Inc. has announced a dividend of $.13 per share on its Class A and Class B Common Stock. The dividend is set to be paid on March 31, 2021, to shareholders who are on record by March 17, 2021. This declaration reflects the company's commitment to providing income to its shareholders and strengthens confidence in its financial performance.

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AI-generated analysis. Not financial advice.

Positive

  • Dividend of $.13 per share declared.
  • Dividend payment date set for March 31, 2021.
  • Shareholders of record as of March 17, 2021, will benefit.

Negative

  • None.

News Market Reaction – MCRAB

%
1 alert
% News Effect

On the day this news was published, MCRAB declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MOUNT GILEAD, N.C., March 4, 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 March 31, 2021 to shareholders of record on March 17, 2021.

 

 

 

Cision View original content:http://www.prnewswire.com/news-releases/mcrae-industries-inc-dividend-declared-301241040.html

SOURCE McRae Industries, Inc.

FAQ

What is the dividend amount declared by McRae Industries, Inc.?

The dividend amount declared is $.13 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 31, 2021.

When is the record date for the dividend?

The record date for the dividend is March 17, 2021.

What is the significance of the dividend for MCRAA and MCRAB shareholders?

The dividend signifies the company's commitment to returning value to shareholders.