Dividend Worth Mentioning Today: Tootsie Roll Industries, Inc. (NYSE:TR) expected to pay $0.09 on Oct 20, 2016

Dividend Worth Mentioning Today: Tootsie Roll Industries, Inc. (NYSE:TR) expected to pay $0.09 on Oct 20, 2016

Tootsie Roll Industries, Inc. (NYSE:TR) is expected to pay $0.09 on Oct 20, 2016. The indicated annual dividend is $0.36. Shareholders owning the stock before Oct 5, 2016 will be eligible to receive the payout. Based on Tootsie Roll Industries, Inc.’s current price of $36.69, the dividend is 0.25%. This dividend’s record date is Oct 10, 2016 and the announcement date is Sep 28, 2016. The stock decreased 0.38% or $0.14 during the last trading session, hitting $36.69. Tootsie Roll Industries, Inc. (NYSE:TR) has risen 12.91% since March 1, 2016 and is uptrending. It has outperformed by 3.67% the S&P500.

Tootsie Roll Industries, Inc. and its subsidiaries, are engaged in the manufacture and sale of confectionery products. The company has a market cap of $2.38 billion. The Company’s products are marketed in a range of packages designed to be suitable for display and sale in different types of retail outlets. It has a 34.47 P/E ratio. The Firm operates through manufacture and sale of confectionery products segment.

Insitutional Activity: The institutional sentiment decreased to 1.43 in 2016 Q2. Its down 0.93, from 2.36 in 2016Q1. The ratio worsened, as 16 funds sold all Tootsie Roll Industries, Inc. shares owned while 47 reduced positions. 16 funds bought stakes while 74 increased positions. They now own 13.68 million shares or 0.03% less from 13.68 million shares in 2016Q1.
Liberty Mutual Group Asset Management last reported 7,796 shares in the company. Geduld E E accumulated 1.83% or 36,068 shares. Comerica Savings Bank accumulated 0% or 13,088 shares. Voya Inv Mngmt Ltd Liability Corp accumulated 0% or 8,744 shares. The New York-based S Muoio & Comm Limited Liability Corporation has invested 0.55% in Tootsie Roll Industries, Inc. (NYSE:TR). Sei Invests accumulated 0% or 2,841 shares. Reilly Herbert Faulkner Iii holds 3.03% or 106,963 shares in its portfolio. State Treasurer State Of Michigan last reported 0% of its portfolio in the stock. Price T Rowe Assocs Md holds 1.39M shares or 0.01% of its portfolio. Us Bank De has 0% invested in the company for 4,113 shares. Moreover, Hightower Llc has 0.01% invested in Tootsie Roll Industries, Inc. (NYSE:TR) for 30,145 shares. Chesapeake Asset Management Limited Liability Com last reported 0.66% of its portfolio in the stock. Public Employees Retirement Association Of Colorado accumulated 0% or 7,683 shares. Gabelli Funds has 798,903 shares for 0.18% of their US portfolio. Nuveen Asset Lc has 0% invested in the company for 10,291 shares.

More important recent Tootsie Roll Industries, Inc. (NYSE:TR) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Philip Morris International, Tootsie Roll Industries and …” on December 17, 2015, also Forbes.com published article titled: “Ex-Dividend Reminder: VFC, Tootsie Roll Industries and Extended Stay America”, Nytimes.com published: “Melvin J. Gordon, Who Ran Tootsie Roll Industries, Dies at 95” on January 22, 2015. More interesting news about Tootsie Roll Industries, Inc. (NYSE:TR) was released by: Bloomberg.com and their article: “Tootsie Roll Succession May Open Door for Sale: Real M&A” with publication date: January 22, 2015.

TR Company Profile

Tootsie Roll Industries, Inc., incorporated on June 28, 1919, and its subsidiaries, are engaged in the manufacture and sale of confectionery products. The Company’s products are marketed in a range of packages designed to be suitable for display and sale in different types of retail outlets. The Firm operates through manufacture and sale of confectionery products segment. The confectionery products are distributed through approximately 30 candy and grocery brokers and by the Company itself to over 4,000 clients across the United States. The Company’s clients include wholesale distributors of candy and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandise, warehouse and membership club stores, vending machine operators, the United States military and fund-raising charitable organizations. The Company’s principal markets are in the United States, Canada and Mexico.

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