Pope Resources (POPE) VP Kevin Bates Buys 200 Shares
Pope Resources (NASDAQ:POPE) VP Kevin Bates acquired 200 shares of Pope Resources stock in a transaction on Monday, November 19th. The stock was acquired at an average cost of $70.18 per share, for a total transaction of $14,036.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
POPE stock opened at $68.66 on Tuesday. The firm has a market cap of $311.09 million, a PE ratio of 12.90 and a beta of 0.07. Pope Resources has a twelve month low of $66.60 and a twelve month high of $73.50. The company has a quick ratio of 2.42, a current ratio of 2.42 and a debt-to-equity ratio of 0.45.
The company also recently announced a quarterly dividend, which was paid on Thursday, November 15th. Stockholders of record on Thursday, November 1st were given a dividend of $1.00 per share. The ex-dividend date was Wednesday, October 31st. This represents a $4.00 dividend on an annualized basis and a dividend yield of 5.83%. This is an increase from Pope Resources’s previous quarterly dividend of $0.80.
About Pope Resources
Pope Resources, A Delaware Limited Partnership manages timber resources in the United States. The company operates in three segments: Fee Timber, Timberland Investment Management, and Real Estate. The Fee Timber segment is involved in growing, managing, harvesting, and marketing timber from 206,000 timberland acres that it owns or manages as tree farms to domestic manufacturers and export brokers.
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