Rand Worldwide, Inc. (OTCMKTS:RWWI) Announces Dividend of $0.25

Rand Worldwide, Inc. (OTCMKTS:RWWI) made an important announcement on Friday, February 14th, regarding the issuance of a dividend. According to reports, the company will be paying a dividend of $0.25 per share to its investors. Those who are on record as shareholders by Monday, February 24th, will be eligible to receive this payout. The payment will be processed on Monday, March 3rd, which gives investors time to prepare for this financial benefit. Additionally, it's important for shareholders to note that the ex-dividend date is also set for Monday, February 24th. This date is crucial for investors looking to qualify for the dividend, as shares must be owned before this date to receive the payment.

Rand Worldwide Stock Performance

On Friday, during mid-day trading, shares of Rand Worldwide saw a slight increase, trading up by $0.24 to reach $17.85. The trading volume recorded was 447 shares, which is relatively low compared to the average volume of 6,972 shares. The stock's performance has varied over the past year, with a 12-month low of $16.25 and a 12-month high reaching $23.10. Currently, the company has a 50-day moving average of $19.43 and a two-hundred day moving average of $19.86, indicating its price trends. Rand Worldwide also maintains a solid financial position with a debt-to-equity ratio of 0.14, a quick ratio of 1.00, and a current ratio of 1.00.

Recent Earnings Report

Rand Worldwide recently released its quarterly earnings data on January 29th, during which it reported earnings of $0.32 per share for the preceding quarter. The company demonstrated strong financial health with a return on equity of 122.04% and a net margin of 15.31%. These figures highlight the company's profitability and efficient management, which are significant factors for investors considering their options.

Company Overview

Rand Worldwide, Inc. specializes in providing solutions related to design automation and data management, primarily operating within the United States and Canada. The company is organized into several divisions: IMAGINiT Technologies, Rand Simulation, Facilities Management, ASCENT, and Rand 3D. The IMAGINiT Technologies division focuses on the resale of Autodesk solutions, offering system integration and consulting services to a variety of industries, such as manufacturing, infrastructure, building, and media and entertainment. Furthermore, they provide Twinmotion visualization software, which allows design professionals to create photorealistic images and immersive videos from their architectural models. Additionally, Rand Worldwide sells advanced 3D laser scanning equipment and proprietary software products along with related services designed to enhance the operational capabilities of architectural, engineering, and construction firms.

dividend, stock, finance