Tootsie Roll Industries, Inc., together with its subsidiaries, engages in manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its products directly to wholesale distributors of candy, food and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is based in Chicago, Illinois.
Tootsie Roll Industries Dividend Announcement
• Tootsie Roll Industries announced a quarterly dividend of $0.09 per ordinary share which will be made payable on 2025-01-09. Ex dividend date: 2024-12-18
• Tootsie Roll Industries annual dividend for 2024 was $0.36
• Tootsie Roll Industries annual dividend for 2023 was $0.36
• Tootsie Roll Industries's trailing twelve-month (TTM) dividend yield is 1.07%
• Tootsie Roll Industries's payout ratio for the trailing twelve months (TTM) is 222.43%
• Tootsie Roll Industries's dividend growth over the last five years (2018-2023) was 0.15% year
• Tootsie Roll Industries's dividend growth over the last ten years (2013-2023) was 1.33% year
Tootsie Roll Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-18 | $0.09 | quarterly | 2025-01-09 |
2024-10-08 | $0.09 | quarterly | 2024-10-17 |
2024-06-20 | $0.09 | quarterly | 2024-07-08 |
2024-03-05 | $0.09 | quarterly | 2024-03-28 |
2023-12-19 | $0.09 | quarterly | 2024-01-11 |
2023-10-06 | $0.09 | quarterly | 2023-10-19 |
2023-06-16 | $0.09 | quarterly | 2023-07-06 |
2023-03-03 | $0.09 | quarterly | 2023-03-30 |
2022-12-20 | $0.09 | quarterly | 2023-01-11 |
2022-10-07 | $0.09 | quarterly | 2022-10-20 |
2022-06-17 | $0.09 | quarterly | 2022-07-07 |
2022-03-04 | $0.09 | quarterly | 2022-03-31 |
2021-12-21 | $0.09 | quarterly | 2022-01-12 |
2021-10-08 | $0.09 | quarterly | 2021-10-21 |
2021-06-17 | $0.09 | quarterly | 2021-07-06 |
2021-06-11 | $0.10 | quarterly | |
2021-03-04 | $0.09 | quarterly | 2021-03-26 |
2020-12-18 | $0.09 | quarterly | 2021-01-06 |
2020-10-02 | $0.09 | quarterly | 2020-10-15 |
2020-06-12 | $0.09 | quarterly | 2020-07-06 |
2020-03-02 | $0.09 | quarterly | 2020-03-27 |
2019-12-19 | $0.09 | quarterly | 2020-01-02 |
2019-10-04 | $0.09 | quarterly | 2019-10-17 |
2019-06-14 | $0.09 | quarterly | 2019-07-08 |
2019-03-04 | $0.09 | quarterly | 2019-03-26 |
2018-12-14 | $0.09 | quarterly | 2019-01-02 |
2018-10-04 | $0.09 | quarterly | 2018-10-18 |
2018-06-15 | $0.09 | quarterly | 2018-07-09 |
2018-03-05 | $0.09 | quarterly | 2018-03-27 |
2017-12-15 | $0.09 | quarterly | 2018-01-02 |
2017-09-29 | $0.09 | quarterly | 2017-10-12 |
2017-06-15 | $0.09 | quarterly | 2017-07-10 |
2017-03-03 | $0.09 | quarterly | 2017-03-28 |
2016-12-15 | $0.09 | quarterly | 2017-01-03 |
2016-10-05 | $0.09 | quarterly | 2016-10-20 |
2016-06-16 | $0.09 | quarterly | 2016-07-11 |
2016-03-04 | $0.09 | quarterly | 2016-03-29 |
2015-12-17 | $0.09 | quarterly | 2016-01-05 |
2015-10-01 | $0.09 | quarterly | 2015-10-16 |
2015-06-11 | $0.09 | quarterly | 2015-07-06 |
2015-03-06 | $0.08 | quarterly | 2015-03-30 |
2014-12-18 | $0.08 | quarterly | 2015-01-02 |
2014-10-02 | $0.08 | quarterly | 2014-10-17 |
2014-06-12 | $0.08 | quarterly | 2014-07-07 |
2014-02-28 | $0.08 | quarterly | 2014-04-04 |
2013-12-19 | $0.08 | quarterly | 2014-01-02 |
2013-10-03 | $0.08 | quarterly | 2013-10-18 |
2013-06-13 | $0.08 | quarterly | 2013-07-05 |
2013-03-01 | $0.08 | quarterly | 2013-04-05 |
Tootsie Roll Industries Dividend per year
Tootsie Roll Industries Dividend growth
Tootsie Roll Industries Dividend Yield
Tootsie Roll Industries current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing Tootsie Roll Industries stock? Use our calculator to estimate your expected dividend yield:
Tootsie Roll Industries Financial Ratios
Tootsie Roll Industries Dividend FAQ
Other factors to consider when evaluating Tootsie Roll Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Tootsie Roll Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Tootsie Roll Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Tootsie Roll Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Tootsie Roll Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Tootsie Roll Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Tootsie Roll Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Tootsie Roll Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Tootsie Roll Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Tootsie Roll Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.