Rocky Brands, Inc. (NASDAQ:RCKY) Announces Quarterly Dividend of $0.16

Rocky Brands, Inc. (NASDAQ:RCKY) declared a quarterly dividend on Tuesday, February 17th. Stockholders of record on Monday, March 2nd will be paid a dividend of 0.155 per share by the textile maker on Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, March 2nd.

Rocky Brands has increased its dividend payment by an average of 0.0%annually over the last three years. Rocky Brands has a payout ratio of 23.0% indicating that its dividend is sufficiently covered by earnings.

Rocky Brands Stock Up 3.0%

RCKY stock traded up $0.99 during trading hours on Wednesday, hitting $34.10. The company’s stock had a trading volume of 1,067 shares, compared to its average volume of 31,039. The company has a market capitalization of $255.55 million, a PE ratio of 12.43 and a beta of 2.72. The company has a quick ratio of 0.88, a current ratio of 2.74 and a debt-to-equity ratio of 0.53. The stock has a 50 day moving average price of $31.52 and a two-hundred day moving average price of $29.82. Rocky Brands has a 12 month low of $11.93 and a 12 month high of $34.36.

Rocky Brands Company Profile

Rocky Brands, Inc is a designer, manufacturer and marketer of premium footwear, apparel and accessories for a diverse range of end-users. The company serves outdoor enthusiasts, hardworking professionals and military personnel under a family of brands that includes Rocky, Georgia Boot, Durango and Xtratuf. Products span hunting and hiking boots, work and safety footwear, western and lifestyle boots, as well as performance socks and outerwear.

Rocky Brands operates multiple production and distribution facilities in North America, with its corporate headquarters located in Nelsonville, Ohio.