Educational Development Co. (EDUC) to Issue Quarterly Dividend of $0.05 on September 26th
Educational Development Co. (NASDAQ:EDUC) announced a quarterly dividend on Thursday, September 6th, Fidelity reports. Shareholders of record on Monday, September 17th will be given a dividend of 0.05 per share on Wednesday, September 26th. This represents a $0.20 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Friday, September 14th.
EDUC stock opened at $12.00 on Thursday. Educational Development has a 12-month low of $4.63 and a 12-month high of $14.35. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.61 and a quick ratio of 0.37. The company has a market capitalization of $91.69 million, a price-to-earnings ratio of 15.89 and a beta of 1.36.
Educational Development (NASDAQ:EDUC) last released its earnings results on Friday, July 13th. The company reported $0.22 earnings per share (EPS) for the quarter. Educational Development had a net margin of 5.05% and a return on equity of 29.32%. The company had revenue of $30.02 million during the quarter.
About Educational Development
Educational Development Corporation, a publishing company, operates as a trade co-publisher of the line of educational children's books in the United States. The company offers various books, including Touchy-Feely board books, activity and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as science and math titles, and chapter books and novels.
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