Escalade, Incorporated (ESCA) to Issue Quarterly Dividend of $0.15 on July 15th

Escalade, Incorporated (NASDAQ:ESCA) declared a quarterly dividend on Thursday, April 25th, Zacks reports. Stockholders 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 4.39%. The ex-dividend date is Monday, July 8th.

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

Escalade Stock Performance

NASDAQ ESCA opened at $13.67 on Friday. Escalade has a 1-year low of $11.42 and a 1-year high of $22.01. The company has a current ratio of 4.41, a quick ratio of 1.63 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $189.47 million, a PE ratio of 15.02 and a beta of 1.21. The firm’s fifty day simple moving average is $13.89 and its 200-day simple moving average is $16.90.

Escalade (NASDAQ:ESCA) last posted its quarterly earnings results on Friday, March 29th. The company reported $0.21 earnings per share for the quarter. Escalade had a net margin of 4.76% and a return on equity of 7.78%. The business had revenue of $65.51 million for the quarter. As a group, sell-side analysts anticipate that Escalade will post 1.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

About Escalade

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.