Burnham (OTCMKTS:BURCA) Announces Earnings Results

Burnham (OTCMKTS:BURCA) posted its quarterly earnings results on Monday. The industrial products company reported $0.64 earnings per share for the quarter, reports. Burnham had a return on equity of 9.90% and a net margin of 3.79%. The company had revenue of $56.00 million for the quarter.

Burnham Price Performance

BURCA opened at $12.90 on Thursday. The business’s 50-day simple moving average is $13.10 and its 200-day simple moving average is $12.35. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.04 and a current ratio of 2.57. Burnham has a one year low of $11.50 and a one year high of $15.01. The stock has a market capitalization of $42.83 million, a P/E ratio of 6.45 and a beta of 0.26.

Burnham Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 21st were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.13%. The ex-dividend date was Wednesday, March 20th. Burnham’s dividend payout ratio (DPR) is currently 46.00%.

About Burnham

Burnham Holdings, Inc designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Its residential hydronic heating products include cast iron, stainless steel, and steel boilers; cast iron and steel heat distribution products; radiators; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets, including units for the manufactured housing industry.