Royalty Management Holding Corporation (NASDAQ:RMCO – Get Free Report) announced a quarterly dividend on Thursday, July 16th. Investors of record on Wednesday, September 30th will be given a dividend of $0.0025 per share on Saturday, October 10th. This represents a $0.01 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, September 30th.
Royalty Management Stock Performance
Shares of RMCO stock opened at $2.61 on Monday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.02. The business has a 50 day moving average of $2.67 and a two-hundred day moving average of $2.73. The company has a market cap of $39.59 million, a P/E ratio of -43.50 and a beta of -0.01. Royalty Management has a 52 week low of $1.74 and a 52 week high of $5.00.
Royalty Management (NASDAQ:RMCO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Royalty Management had a negative return on equity of 7.93% and a negative net margin of 14.53%.The company had revenue of $1.83 million for the quarter, compared to the consensus estimate of $1.83 million. As a group, analysts anticipate that Royalty Management will post -0.04 EPS for the current year.
Royalty Management Company Profile
Royalty Management Corporation is a royalty acquisition and management company. It seeks to acquire and manage royalty interests and other contractual revenue rights associated with assets in sectors such as natural resources, mining, agriculture, renewable energy and real estate.
The company’s business model is centered on identifying assets that can generate recurring royalty or similar payments while limiting direct exposure to the costs of operating the underlying projects. Its portfolio and investment activities may include interests connected to mineral resources, environmental assets and other income-producing opportunities.
Royalty Management Corporation is headquartered in Fort Wayne, Indiana, and focuses primarily on opportunities in North America.
See Also
- Five stocks we like better than Royalty Management
- Why 3 Struggling Stocks Are Suddenly Spending Big on Buybacks
- 3 Niche Growth Stocks With an Edge Their Rivals Can’t Ignore
- 3 Dividend Stocks With Higher Yields and Room for More Payout Growth
- Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes
Receive News & Ratings for Royalty Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royalty Management and related companies with MarketBeat.com's FREE daily email newsletter.
