RCI Hospitality Holdings Inc (NASDAQ:RICK – Get Free Report) declared a quarterly dividend on Monday, March 3rd, RTT News reports. Investors of record on Monday, March 17th will be given a dividend of 0.07 per share by the restaurant operator on Monday, March 31st. This represents a $0.28 annualized dividend and a yield of 0.62%. The ex-dividend date is Monday, March 17th.
RCI Hospitality has raised its dividend by an average of 17.6% annually over the last three years. RCI Hospitality has a payout ratio of 4.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect RCI Hospitality to earn $6.35 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 4.4%.
RCI Hospitality Price Performance
NASDAQ:RICK opened at $45.40 on Friday. The stock has a market cap of $402.56 million, a P/E ratio of 81.07 and a beta of 1.72. RCI Hospitality has a one year low of $37.61 and a one year high of $61.66. The company has a fifty day moving average price of $52.11 and a 200 day moving average price of $49.47. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.02 and a quick ratio of 0.92.
Hedge Funds Weigh In On RCI Hospitality
Analyst Ratings Changes
RICK has been the subject of several research analyst reports. HC Wainwright reiterated a “buy” rating and set a $98.00 target price on shares of RCI Hospitality in a research note on Wednesday, February 12th. StockNews.com upgraded shares of RCI Hospitality from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th.
Check Out Our Latest Stock Analysis on RICK
About RCI Hospitality
RCI Hospitality Holdings, Inc, through its subsidiaries, engages in the hospitality and related businesses in the United States. It operates in Nightclubs, Bombshells, and Media Group segments. The company’s wholly-owned subsidiaries own and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club.
Further Reading
- Five stocks we like better than RCI Hospitality
- Transportation Stocks Investing
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- The 3 Best Retail Stocks to Shop for in August
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Why Costco Stock Is Poised to Hit $1,000 Again Soon
Receive News & Ratings for RCI Hospitality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RCI Hospitality and related companies with MarketBeat.com's FREE daily email newsletter.