
Tootsie Roll Industries, Inc.
TRConsumer Defensive · Confectioners · Stock · quarterly payer
Forward Yield
0.94%
Annual Dividend
$0.36
Payout Ratio
29%
5-Yr Growth
2.8%
Ex-Date
Oct 7, 2026
Frequency
Quarterly
Key facts about TR's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Tootsie Roll Industries, Inc. (TR) has a forward dividend yield of 0.94%, based on an annual dividend of $0.36 per share and a share price of $38.23.
- As of Oct 18, 2026, TR's dividend safety grade from SmarterDividends is A (96 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Tootsie Roll Industries, Inc. (TR) has raised its dividend for 5 consecutive years as of Oct 18, 2026.
- TR has never cut its regular dividend in the payment history SmarterDividends has on record.
- TR's most recent ex-dividend date was Oct 7, 2026, for a dividend of $0.0900 per share.
- As of Oct 18, 2026, TR pays out 29% of its trailing 12-month earnings as dividends (its payout ratio).
- TR's dividend has grown at an average rate of 2.8% a year over the past five years.
- As of Oct 18, 2026, TR's 0.94% yield is 10% below its five-year average yield of 1.05%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for TR is $54.25 per share, 42% above the $38.23 share price, so TR screens as undervalued.
- Tootsie Roll Industries, Inc. (TR) pays its dividend quarterly, 4 times a year.
- Tootsie Roll Industries, Inc. (TR) has raised its regular dividend 44 times and cut it 6 times across the 161 payments on record since 1986. Its most recent change was a 3.4% increase to $0.0900 per share, going ex-dividend on Jun 18, 2026. The last cut went ex-dividend on Mar 2, 2012.
Cite this page
SmarterDividends, "TR Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/TR
Summary
As of Oct 18, 2026, Tootsie Roll Industries, Inc. (TR) yields 0.94% ($0.36 a year per share), has a dividend safety grade of A (96/100) and has 5 consecutive years of dividend increases on record.
Is TR a good dividend stock?
YesTootsie Roll Industries, Inc. (TR) pays a quarterly dividend yielding 0.94% ($0.36/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (29%)
- 41% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.94%
- Payout Ratio
- 29%
- Annual Dividend
- $0.36
- 5-Yr Avg Growth
- 2.8%
- Ex-Dividend Date
- Oct 7, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- 0.41
- Market Cap
- $2.9B
- P/E Ratio
- 30.3
- 5-Yr Total Return
- 41%
- 52-Week Range
- $33.44 – $45.06
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
TR dividend raises and cuts
Tootsie Roll Industries, Inc. (TR) has raised its regular dividend 44 times and cut it 6 times across the 161 payments on record since 1986. Its most recent change was a 3.4% increase to $0.0900 per share, going ex-dividend on Jun 18, 2026. The last cut went ex-dividend on Mar 2, 2012.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 18, 2026 | Raise | $0.0870 → $0.0900 | +3.4% |
| Jun 18, 2025 | Raise | $0.0845 → $0.0874 | +3.4% |
| Jun 20, 2024 | Raise | $0.0820 → $0.0848 | +3.4% |
| Mar 3, 2023 | Raise | $0.0800 → $0.0824 | +3.0% |
| Mar 4, 2022 | Raise | $0.0776 → $0.0800 | +3.0% |
| Mar 4, 2021 | Raise | $0.0754 → $0.0776 | +3.0% |
| Mar 5, 2018 | Raise | $0.0732 → $0.0754 | +3.0% |
| Mar 3, 2017 | Raise | $0.0710 → $0.0732 | +3.0% |
| Jun 16, 2016 | Raise | $0.0687 → $0.0710 | +3.4% |
| Jun 11, 2015 | Raise | $0.0598 → $0.0690 | +15.4% |
| Mar 6, 2015 | Raise | $0.0595 → $0.0598 | +0.4% |
| Jun 12, 2014 | Raise | $0.0580 → $0.0595 | +2.6% |
Show all 50 changes since 1987
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 28, 2014 | Raise | $0.0578 → $0.0580 | +0.4% |
| Jun 13, 2013 | Raise | $0.0563 → $0.0578 | +2.6% |
| Mar 1, 2013 | Raise | $0.0561 → $0.0563 | +0.4% |
| Jun 14, 2012 | Raise | $0.0547 → $0.0561 | +2.6% |
| Mar 2, 2012 | Cut | $0.0561 → $0.0547 | −2.5% |
| Jun 21, 2011 | Raise | $0.0547 → $0.0561 | +2.6% |
| Mar 4, 2011 | Cut | $0.0561 → $0.0547 | −2.5% |
| Jun 22, 2010 | Raise | $0.0547 → $0.0561 | +2.6% |
| Mar 5, 2010 | Cut | $0.0561 → $0.0547 | −2.5% |
| Jun 16, 2009 | Raise | $0.0547 → $0.0561 | +2.6% |
| Mar 6, 2009 | Raise | $0.0545 → $0.0547 | +0.4% |
| Mar 6, 2008 | Raise | $0.0529 → $0.0545 | +3.0% |
| Jun 14, 2007 | Raise | $0.0513 → $0.0529 | +3.0% |
| Mar 8, 2006 | Raise | $0.0499 → $0.0513 | +3.0% |
| Dec 14, 2005 | Raise | $0.0436 → $0.0499 | +14.3% |
| Jun 10, 2005 | Raise | $0.0424 → $0.0436 | +2.9% |
| Feb 27, 2004 | Raise | $0.0411 → $0.0424 | +3.0% |
| Feb 28, 2003 | Raise | $0.0399 → $0.0411 | +3.0% |
| Mar 1, 2002 | Raise | $0.0388 → $0.0399 | +3.0% |
| Mar 2, 2001 | Raise | $0.0376 → $0.0388 | +3.0% |
| Jun 15, 2000 | Raise | $0.0339 → $0.0376 | +11.1% |
| Mar 3, 2000 | Raise | $0.0329 → $0.0339 | +3.0% |
| Jun 17, 1999 | Raise | $0.0277 → $0.0329 | +18.9% |
| Mar 5, 1999 | Raise | $0.0263 → $0.0277 | +5.0% |
| Jun 18, 1998 | Raise | $0.0203 → $0.0266 | +31.2% |
| Mar 6, 1998 | Raise | $0.0202 → $0.0203 | +0.5% |
| Jun 24, 1997 | Raise | $0.0172 → $0.0202 | +17.1% |
| Mar 7, 1997 | Raise | $0.0172 → $0.0172 | +0.1% |
| Jun 26, 1996 | Raise | $0.0143 → $0.0172 | +20.0% |
| Mar 7, 1996 | Cut | $0.0148 → $0.0143 | −3.2% |
| Jun 20, 1995 | Raise | $0.0125 → $0.0149 | +19.0% |
| Mar 6, 1995 | Cut | $0.0131 → $0.0125 | −4.5% |
| Jun 17, 1994 | Raise | $0.0113 → $0.0131 | +15.8% |
| Jun 17, 1993 | Raise | $0.0090 → $0.0113 | +26.7% |
| Jun 17, 1992 | Raise | $0.0078 → $0.0090 | +15.4% |
| Jun 18, 1991 | Raise | $0.0068 → $0.0078 | +14.0% |
| Mar 11, 1988 | Cut | $0.0069 → $0.0068 | −1.7% |
| Jun 17, 1987 | Raise | $0.0060 → $0.0069 | +16.0% |
Frequently Asked Questions
Is TR a good dividend stock?
Yes. Tootsie Roll Industries, Inc. (TR) pays a quarterly dividend yielding 0.94% ($0.36/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is TR undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TR's fair value is about $54.25 versus a $38.23 share price — so it looks undervalued (+42% vs. fair value).
Is TR's dividend safe?
TR has a dividend-safety grade of A (96/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is TR's fair value?
Our blended fair-value estimate for TR is about $54.25 per share, roughly 42% above the current $38.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is TR a buy, hold, or sell?
We don't issue formal ratings, but on the data TR screens as "yes" and undervalued. Tootsie Roll Industries, Inc. (TR) pays a quarterly dividend yielding 0.94% ($0.36/yr), with 5 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will TR cut its dividend?
TR earns a dividend-safety grade of A (96/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does TR pay a dividend?
Yes. Tootsie Roll Industries, Inc. pays a quarterly dividend of about $0.36 per share annually, a forward yield of roughly 0.94%.
What is TR's dividend yield?
As of Oct 18, 2026, TR's forward dividend yield is 0.94%, based on a $0.36 annual dividend and a $38.23 share price.
What is TR's dividend per share?
As of Oct 18, 2026, TR pays $0.36 per share per year, distributed on a quarterly basis.
What is TR's dividend payout ratio?
As of Oct 18, 2026, TR's payout ratio is 29% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has TR grown its dividend?
As of Oct 18, 2026, TR has increased its dividend for 5 consecutive years.
When is the next TR ex-dividend date?
As of Oct 18, 2026, TR's next ex-dividend date hasn't been announced. The most recent was Oct 7, 2026, for $0.0900 per share.
TR Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
+26%
5 Years
+41%
52-Week Range
$33.44 – $45.06
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TR worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Tootsie Roll Industries, Inc. is $54.25 per share, versus a market price of $38.23. That implies 42% of upside — a margin of safety of about 30%.
Fair Value
$54.25
Current Price
$38.23
Upside
+42%
Margin of Safety
30%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -0.1% annual free-cash-flow growth. We model 10.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 10.0% growth for five years fading to 2.5% over the next five, $1.26 EPS, $0.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TR Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TR dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 7, 2026 | Oct 16, 2026 | $0.0900 | regular |
| Jun 18, 2026 | Jul 9, 2026 | $0.0900 | regular |
| Mar 5, 2026 | Mar 27, 2026 | $0.0870 | regular |
| Dec 24, 2025 | Jan 8, 2026 | $0.0874 | regular |
| Oct 7, 2025 | Oct 16, 2025 | $0.0874 | regular |
| Jun 18, 2025 | Jul 10, 2025 | $0.0874 | regular |
| Mar 5, 2025 | Mar 27, 2025 | $0.0845 | regular |
| Dec 18, 2024 | Jan 9, 2025 | $0.0848 | regular |
| Oct 8, 2024 | Oct 17, 2024 | $0.0848 | regular |
| Jun 20, 2024 | Jul 8, 2024 | $0.0848 | regular |
| Mar 5, 2024 | Mar 28, 2024 | $0.0820 | regular |
| Dec 19, 2023 | Jan 11, 2024 | $0.0824 | regular |
| Oct 6, 2023 | Oct 19, 2023 | $0.0824 | regular |
| Jun 16, 2023 | Jul 6, 2023 | $0.0824 | regular |
Income Calculator
At $0.36 / yr per share
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