Rocky Mountain Chocolate Factory announced a $0.10 cash dividend per share last week.
The dividend will be payable Sept. 18 to shareholders of record at the close of business Sept. 8.
It will be the company's 25th consecutive quarterly cash dividend; it also paid $0.10 per share in June.
In its most recent quarterly results, announced July 9, the company reported a 5.5 percent decline in total revenue compared to the same period last year. The quarter covers March, April and May.
Revenue declined from $7.1 million to $6.7 million and net earnings fell 25.5 percent compared to the same period last year, from $1 million to $748,000, as lower royalty, marketing and franchise fees pared the company's earnings.
The company is expanding a co-branding relationship with Cold Stone Creamery after several test stores showed promising results.
Bryan Merryman, chief operating officer and chief financial officer, said in July that the company has aggressive plans to expand that relationship, opening 10 to 15 co-branded stores this year, with plans for several hundred more.
Rocky Mountain Chocolate Factory is the only publicly traded company based in Durango. Its stock trades on Nasdaq under "RMCF."
The company has struggled during the economic slowdown as spending on luxury goods such as high-end chocolates slowed and consumers stayed away from regional malls, where many Rocky Mountain stores are located. Tight credit has slowed store openings.
The company and its franchisees and licensees operate 327 stores in 35 states, Canada and the United Arab Emirates.