Rocky Mountain Dealerships Inc. announced that its Board of Directors declared a quarterly dividend of $0.015 per common share on RME’s outstanding common shares. The common share dividend is payable on June 30, 2020, to shareholders of record at the close of business on June 23, 2020. The reduced dividend follows an April 29, 2020 announcement that the company anticipated reducing its quarterly dividend to no more than $0.06 per share as part of its response to COVID-19, and oil and capital markets realities. The declared $0.015 per share reflects the Board’s deliberate caution in respect of emerging data and trends in both the agriculture equipment market and the broader economy being affected by global economic uncertainties. The Board believes this is a prudent move in unprecedented global economic uncertainty when the economic recovery outlook is difficult to predict and extremely complex. RME does not believe any dividend level is permanent – the company continues to believe strongly in the principle of returning capital to shareholders.