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

Royalty Management Holding Corporation (NASDAQ:RMCO) announced a quarterly dividend on Wednesday, October 14th. Stockholders of record on Thursday, December 31st will be given a dividend of $0.0025 per share on Monday, January 11th. This represents a $0.01 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, December 31st.

Royalty Management Stock Performance

Royalty Management stock opened at $2.36 on Friday. The firm has a 50 day simple moving average of $2.72 and a 200-day simple moving average of $2.62. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.41 and a quick ratio of 1.41. Royalty Management has a 1-year low of $1.74 and a 1-year high of $5.00.

Royalty Management (NASDAQ:RMCO) last released its quarterly earnings results on Wednesday, August 12th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.03 by ($0.01). Royalty Management had a negative net margin of 14.53% and a negative return on equity of 7.93%. The firm had revenue of $1.83 million for the quarter, compared to analysts’ expectations of $1.83 million. Sell-side analysts anticipate that Royalty Management will post -0.04 earnings per share for the current year.

Royalty Management Company Profile

Royalty Management Holding Corporation (NASDAQ: RMCO) is a royalty acquisition and management company focused on building a diversified portfolio of royalty interests and other contractual economic rights. The company seeks opportunities tied to natural resources and real assets, allowing it to participate in revenues generated by underlying assets without directly operating them.

Its areas of interest may include mining and minerals, water, agriculture, renewable energy, and other resource-related activities.