Royalty Management Holding Corporation (RMCO) to Distribute Quarterly Dividend of $0.00 on July 10th

Royalty Management Holding Corporation (NASDAQ:RMCO) announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Tuesday, June 30th will be given a dividend of 0.0025 per share on Friday, July 10th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, June 30th.

Royalty Management Stock Performance

Shares of RMCO stock opened at $2.90 on Friday. The company has a market cap of $43.96 million, a P/E ratio of -36.25 and a beta of -0.04. The firm has a fifty day moving average price of $2.62 and a 200 day moving average price of $3.16. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.02. Royalty Management has a 12 month low of $1.18 and a 12 month high of $5.00.

Royalty Management (NASDAQ:RMCO) last posted its quarterly earnings results on Thursday, May 14th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $1.64 million during the quarter, compared to analyst estimates of $1.64 million. Royalty Management had a negative net margin of 23.33% and a negative return on equity of 11.50%.

Institutional Trading of Royalty Management

A hedge fund recently bought a new stake in Royalty Management stock. Blair William & Co. IL acquired a new position in shares of Royalty Management Holding Corporation (NASDAQ:RMCO) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 27,932 shares of the company’s stock, valued at approximately $86,000. Blair William & Co. IL owned about 0.18% of Royalty Management as of its most recent filing with the SEC. 67.15% of the stock is owned by institutional investors.

Royalty Management Company Profile

Royalty Management Corporation is a Houston‐based mineral royalty acquisition and management company that owns and operates a diversified portfolio of oil and gas royalty interests. The firm’s primary business activity is the acquisition of royalty and overriding royalty interests in onshore oil and gas properties, allowing investors to participate in production revenue streams without the operational risks associated with drilling and exploration. Royalty Management targets assets in established U.S.