Royalty Management Holding Corporation (NASDAQ:RMCO) to Issue Quarterly Dividend of $0.00

Royalty Management Holding Corporation (NASDAQ:RMCO) announced a quarterly dividend on Monday, February 2nd. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.0025 per share on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, March 31st.

Royalty Management Trading Up 2.8%

RMCO traded up $0.12 during trading hours on Tuesday, hitting $4.24. 6,966 shares of the company’s stock were exchanged, compared to its average volume of 41,883. Royalty Management has a 12-month low of $0.91 and a 12-month high of $5.00. The firm has a market cap of $64.12 million, a P/E ratio of -423.50 and a beta of -0.07. The firm has a 50 day moving average of $3.11 and a 200 day moving average of $2.60.

Royalty Management (NASDAQ:RMCO) last announced its quarterly earnings data on Thursday, November 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.05). The company had revenue of $1.30 million during the quarter, compared to analysts’ expectations of $2.00 million. Royalty Management had a negative net margin of 9.22% and a negative return on equity of 2.94%.

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.