RCI Hospitality Holdings, Inc. (NASDAQ:RICK) declared a quarterly dividend on Wednesday, November 15th, RTT News reports. Shareholders of record on Monday, December 11th will be paid a dividend of 0.03 per share by the restaurant operator on Tuesday, December 26th. This represents a $0.12 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date of this dividend is Friday, December 8th.

RCI Hospitality (NASDAQ RICK) opened at $31.33 on Thursday. The firm has a market cap of $302.65, a price-to-earnings ratio of 20.76 and a beta of 0.33. RCI Hospitality has a fifty-two week low of $13.63 and a fifty-two week high of $33.78. The company has a current ratio of 0.96, a quick ratio of 0.88 and a debt-to-equity ratio of 0.79.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of RCI Hospitality from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. Westpark Capital reissued a “buy” rating and set a $30.00 target price on shares of RCI Hospitality in a research note on Wednesday, October 11th. Finally, ValuEngine downgraded RCI Hospitality from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

A hedge fund recently bought a new stake in RCI Hospitality stock. State Street Corp bought a new position in RCI Hospitality Holdings, Inc. (NASDAQ:RICK) during the second quarter, according to its most recent filing with the SEC. The firm bought 105,227 shares of the restaurant operator’s stock, valued at approximately $2,508,000. State Street Corp owned approximately 1.08% of RCI Hospitality as of its most recent SEC filing. 48.73% of the stock is owned by institutional investors.

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About RCI Hospitality

Dividend History for RCI Hospitality (NASDAQ:RICK)

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