Rocky Mountain Chocolate acquires U-Swirl assets Rocky Mountain Chocolate Factory announced that it has acquired selected assets of Yogurtini International and contributed its Aspen Leaf Yogurt, newly acquired Yogurtini assets, and $78,000 in cash to U-Swirl in exchange for a 60% controlling equity interest in U-Swirl. The highlights of the transaction include acquiring the assets of Yogurtini International, the company sells Aspen Leaf Yogurt and Yogurtini for 60% equity stake in publicly-traded U-Swirl, and transactions expected to transform U-Swirl into profitable company well-positioned to pursue organic growth and acquisitions, transactions expected to be accretive to Rocky Mountain Chocolate Factory earnings in FY14 and future years.
Rocky Mountain Chocolate raises quarterly dividend to 12c per share Rocky Mountain Chocolate also announced that its board has declared Q4 cash dividend of 12c per common share outstanding. The cash dividend will be payable March 13, to shareholders of record at the close of business February 27. The cash dividend of 12c represents a 9% increase over the previous cash dividend of 11c per share.