Ennis, Inc. (NYSE:EBF) to Issue $0.25 Quarterly Dividend

Ennis, Inc. (NYSE:EBF) declared a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Stockholders of record on Thursday, January 9th will be paid a dividend of 0.25 per share by the industrial products company on Thursday, February 6th. This represents a $1.00 annualized dividend and a dividend yield of 4.84%. The ex-dividend date of this dividend is Friday, January 10th.

Ennis has increased its dividend by an average of 1.7% annually over the last three years.

Ennis Stock Down 1.2 %

NYSE:EBF opened at $20.64 on Wednesday. The stock has a market cap of $536.72 million, a P/E ratio of 13.06 and a beta of 0.41. The firm’s fifty day simple moving average is $21.15 and its 200 day simple moving average is $22.22. Ennis has a twelve month low of $18.88 and a twelve month high of $25.75.

Ennis (NYSE:EBF) last posted its quarterly earnings results on Monday, December 23rd. The industrial products company reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. Ennis had a return on equity of 11.64% and a net margin of 10.15%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Ennis from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 11th.

About Ennis

Ennis, Inc manufactures and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, 360º Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, Hayes Graphics, Wright Business Graphics, Wright 360, Integrated Print & Graphics, the Flesh Company, Impressions Direct, and AmeriPrint brands.