Stage Stores Inc (NYSE:SSI) announced a quarterly dividend on Tuesday, November 20th, RTT News reports. Stockholders of record on Tuesday, December 4th will be paid a dividend of 0.05 per share on Wednesday, December 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 13.25%.

Stage Stores has decreased its dividend by an average of 17.3% annually over the last three years. Stage Stores has a dividend payout ratio of -15.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

SSI opened at $1.51 on Wednesday. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.76 and a quick ratio of 0.38. Stage Stores has a fifty-two week low of $1.51 and a fifty-two week high of $3.25.

Stage Stores (NYSE:SSI) last released its earnings results on Thursday, August 23rd. The company reported ($0.60) earnings per share for the quarter. Stage Stores had a negative net margin of 3.71% and a negative return on equity of 16.31%. The firm had revenue of $369.29 million for the quarter. During the same quarter last year, the business posted ($0.23) EPS. On average, research analysts forecast that Stage Stores will post -1.33 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This piece was first posted by Daily Political and is the sole property of of Daily Political. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.dailypolitical.com/2018/11/21/stage-stores-inc-ssi-declares-quarterly-dividend-of-0-05.html.

Stage Stores Company Profile

Stage Stores, Inc operates specialty department stores primarily in small and mid-sized towns and communities in the United States. Its merchandise portfolio comprises moderately priced and brand name apparel, accessories, cosmetics, footwear, and home goods. The company also offers merchandise direct-to-consumer through its e-commerce Website, and private label credit card and loyalty programs.

Featured Story: Find a Trading Strategy That Works

Dividend History for Stage Stores (NYSE:SSI)

Receive News & Ratings for Stage Stores Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stage Stores and related companies with MarketBeat.com's FREE daily email newsletter.