Tootsie Roll Industries, Inc.
TROLBConsumer Defensive · Confectioners · Stock · quarterly payer
Forward Yield
0.91%
Annual Dividend
$0.36
Payout Ratio
29%
5-Yr Growth
2.8%
Ex-Date
Oct 7, 2026
Frequency
Quarterly
Key facts about TROLB's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Tootsie Roll Industries, Inc. (TROLB) has a forward dividend yield of 0.91%, based on an annual dividend of $0.36 per share and a share price of $39.00.
- As of Oct 18, 2026, TROLB's dividend safety grade from SmarterDividends is A (88 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Tootsie Roll Industries, Inc. (TROLB) has raised its dividend for 15 consecutive years as of Oct 18, 2026.
- TROLB has never cut its regular dividend in the payment history SmarterDividends has on record.
- TROLB's most recent ex-dividend date was Oct 7, 2026, for a dividend of $0.0900 per share.
- As of Oct 18, 2026, TROLB pays out 29% of its trailing 12-month earnings as dividends (its payout ratio).
- TROLB's dividend has grown at an average rate of 2.8% a year over the past five years.
- As of Oct 18, 2026, TROLB's 0.91% yield is 11% below its five-year average yield of 1.02%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for TROLB is $45.07 per share, 16% above the $39.00 share price, so TROLB screens as undervalued.
- Tootsie Roll Industries, Inc. (TROLB) pays its dividend quarterly, 4 times a year.
- Tootsie Roll Industries, Inc. (TROLB) has raised its regular dividend 17 times and cut it 1 time across the 62 payments on record since 2010. 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 6, 2015.
Cite this page
SmarterDividends, "TROLB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/TROLB
Summary
As of Oct 18, 2026, Tootsie Roll Industries, Inc. (TROLB) yields 0.91% ($0.36 a year per share), has a dividend safety grade of A (88/100) and has 15 consecutive years of dividend increases on record.
Is TROLB a good dividend stock?
YesTootsie Roll Industries, Inc. (TROLB) pays a quarterly dividend yielding 0.91% ($0.36/yr), with 15 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
- 15 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (29%)
- 43% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.91%
- Payout Ratio
- 29%
- Annual Dividend
- $0.36
- 5-Yr Avg Growth
- 2.8%
- Ex-Dividend Date
- Oct 7, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 0.41
- Market Cap
- $2.9B
- P/E Ratio
- 31.0
- 5-Yr Total Return
- 43%
- 52-Week Range
- $33.98 – $48.54
- Dividend Safety
- A · 88/100
- Ever Cut?
- No
TROLB dividend raises and cuts
Tootsie Roll Industries, Inc. (TROLB) has raised its regular dividend 17 times and cut it 1 time across the 62 payments on record since 2010. 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 6, 2015.
| 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% |
| Jun 14, 2019 | Raise | $0.0732 → $0.0754 | +3.0% |
| Mar 5, 2018 | 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 | Cut | $0.0613 → $0.0598 | −2.5% |
| Jun 12, 2014 | Raise | $0.0595 → $0.0613 | +3.0% |
Show all 18 changes since 2011
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 13, 2013 | Raise | $0.0580 → $0.0595 | +2.6% |
| Mar 1, 2013 | Raise | $0.0578 → $0.0580 | +0.4% |
| Jun 14, 2012 | Raise | $0.0563 → $0.0578 | +2.6% |
| Mar 2, 2012 | Raise | $0.0561 → $0.0563 | +0.4% |
| Jun 21, 2011 | Raise | $0.0547 → $0.0561 | +2.6% |
| Mar 4, 2011 | Raise | $0.0545 → $0.0547 | +0.4% |
Frequently Asked Questions
Is TROLB a good dividend stock?
Yes. Tootsie Roll Industries, Inc. (TROLB) pays a quarterly dividend yielding 0.91% ($0.36/yr), with 15 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 TROLB undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TROLB's fair value is about $45.07 versus a $39.00 share price — so it looks undervalued (+16% vs. fair value).
Is TROLB's dividend safe?
TROLB has a dividend-safety grade of A (88/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is TROLB's fair value?
Our blended fair-value estimate for TROLB is about $45.07 per share, roughly 16% above the current $39.00 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is TROLB a buy, hold, or sell?
We don't issue formal ratings, but on the data TROLB screens as "yes" and undervalued. Tootsie Roll Industries, Inc. (TROLB) pays a quarterly dividend yielding 0.91% ($0.36/yr), with 15 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 TROLB cut its dividend?
TROLB earns a dividend-safety grade of A (88/100), 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 TROLB pay a dividend?
Yes. Tootsie Roll Industries, Inc. pays a quarterly dividend of about $0.36 per share annually, a forward yield of roughly 0.91%.
What is TROLB's dividend yield?
As of Oct 18, 2026, TROLB's forward dividend yield is 0.91%, based on a $0.36 annual dividend and a $39.00 share price.
What is TROLB's dividend per share?
As of Oct 18, 2026, TROLB pays $0.36 per share per year, distributed on a quarterly basis.
What is TROLB's dividend payout ratio?
As of Oct 18, 2026, TROLB'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 TROLB grown its dividend?
As of Oct 18, 2026, TROLB has increased its dividend for 15 consecutive years.
When is the next TROLB ex-dividend date?
As of Oct 18, 2026, TROLB's next ex-dividend date hasn't been announced. The most recent was Oct 7, 2026, for $0.0900 per share.
TROLB Price — Last 12 Months
Daily close
Price Return
1 Year
+15%
3 Years
+42%
5 Years
+43%
52-Week Range
$33.98 – $48.54
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TROLB worth?
Undervaluedlow confidenceOur blended fair-value estimate for Tootsie Roll Industries, Inc. is $45.07 per share, versus a market price of $39.00. That implies 16% of upside — a margin of safety of about 13%.
Fair Value
$45.07
Current Price
$39.00
Upside
+16%
Margin of Safety
13%
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 -5.2% annual free-cash-flow growth. We model 3.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 3.0% 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.
TROLB 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 TROLB 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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