Escalade, Incorporated (NASDAQ:ESCA) to Issue $0.15 Quarterly Dividend

Escalade, Incorporated (NASDAQ:ESCA) announced a quarterly dividend on Thursday, April 25th, Zacks reports. Investors of record on Monday, July 8th will be given a dividend of 0.15 per share on Monday, July 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date is Monday, July 8th.

Escalade has decreased its dividend payment by an average of 5.3% annually over the last three years.

Escalade Price Performance

ESCA traded up $0.08 during trading on Friday, reaching $13.75. 1,875 shares of the stock were exchanged, compared to its average volume of 18,858. The business’s 50 day moving average price is $13.94 and its two-hundred day moving average price is $16.92. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.41 and a quick ratio of 1.63. The company has a market capitalization of $190.58 million, a price-to-earnings ratio of 19.25 and a beta of 1.21. Escalade has a 1 year low of $11.42 and a 1 year high of $22.01.

Escalade (NASDAQ:ESCA) last issued its quarterly earnings data on Friday, March 29th. The company reported $0.21 earnings per share (EPS) for the quarter. Escalade had a return on equity of 6.14% and a net margin of 3.73%. The business had revenue of $65.51 million for the quarter. As a group, equities research analysts anticipate that Escalade will post 1.29 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com downgraded Escalade from a “buy” rating to a “hold” rating in a research report on Tuesday.

Escalade Company Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.