Big 5 Sporting Goods Co. (NASDAQ:BGFV) to Issue $0.05 Quarterly Dividend

Posted by Simon Gomez on May 2nd, 2024

Big 5 Sporting Goods Co. (NASDAQ:BGFV – Get Free Report) declared a quarterly dividend on Tuesday, April 30th, Zacks reports. Investors of record on Friday, May 31st will be given a dividend of 0.05 per share on Friday, June 14th. This represents a $0.20 dividend on an annualized basis and a yield of 5.99%. The ex-dividend date is Friday, May 31st.

Big 5 Sporting Goods has raised its dividend by an average of 51.8% annually over the last three years.

Big 5 Sporting Goods Price Performance

Shares of BGFV traded down $0.06 during mid-day trading on Thursday, hitting $3.34. 19,180 shares of the stock were exchanged, compared to its average volume of 394,816. The company has a market cap of $75.58 million, a PE ratio of -4.72 and a beta of 2.37. Big 5 Sporting Goods has a 52-week low of $3.00 and a 52-week high of $9.99. The firm has a 50-day moving average of $3.75 and a two-hundred day moving average of $5.14. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.18 and a current ratio of 1.63.

Big 5 Sporting Goods (NASDAQ:BGFV – Get Free Report) last issued its quarterly earnings data on Tuesday, February 27th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.39) by ($0.02). The firm had revenue of $196.35 million for the quarter. Big 5 Sporting Goods had a negative return on equity of 6.16% and a negative net margin of 1.82%.

Wall Street Analysts Forecast Growth

BGFV has been the topic of several recent research reports. TheStreet cut Big 5 Sporting Goods from a “c” rating to a “d+” rating in a report on Wednesday, February 28th. StockNews.com raised Big 5 Sporting Goods from a “sell” rating to a “hold” rating in a research report on Friday, April 26th.

Check Out Our Latest Analysis on BGFV

About Big 5 Sporting Goods

(Get Free Report)

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.