Coffee Holding Co., Inc. (JVA) to Issue Dividend of $0.08 on February 26th

Coffee Holding Co., Inc. (NASDAQ:JVA) declared a dividend on Wednesday, January 28th. Investors of record on Tuesday, February 10th will be given a dividend of 0.08 per share on Thursday, February 26th. The ex-dividend date is Tuesday, February 10th.

Coffee Trading Up 3.0%

Shares of NASDAQ:JVA opened at $3.10 on Friday. Coffee has a 12-month low of $2.75 and a 12-month high of $9.93. The company has a market cap of $17.70 million, a PE ratio of 12.40 and a beta of 1.63. The stock has a 50 day moving average of $3.65 and a 200 day moving average of $4.04.

Coffee (NASDAQ:JVA) last posted its quarterly earnings results on Wednesday, January 28th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $27.75 million during the quarter. Coffee had a net margin of 1.45% and a return on equity of 5.11%.

Institutional Investors Weigh In On Coffee

A number of institutional investors and hedge funds have recently modified their holdings of JVA. Citadel Advisors LLC bought a new stake in Coffee during the 3rd quarter valued at $322,000. Virtu Financial LLC purchased a new position in Coffee in the third quarter valued at about $53,000. Two Sigma Investments LP raised its holdings in Coffee by 53.8% in the third quarter. Two Sigma Investments LP now owns 44,919 shares of the company’s stock worth $205,000 after purchasing an additional 15,711 shares in the last quarter. Bridgeway Capital Management LLC lifted its position in shares of Coffee by 16.9% during the third quarter. Bridgeway Capital Management LLC now owns 31,270 shares of the company’s stock valued at $143,000 after buying an additional 4,512 shares during the last quarter. Finally, Mcintyre Freedman & Flynn Investment Advisers Inc. boosted its holdings in shares of Coffee by 65.0% in the 3rd quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 16,500 shares of the company’s stock valued at $75,000 after buying an additional 6,500 shares in the last quarter.

About Coffee

Coffee Holding Company, Inc (NASDAQ: JVA) is a specialty coffee roaster and distributor headquartered in Lakewood, New Jersey. The company’s core activities encompass the importation of green coffee beans, artisanal roasting and blending, and the packaging of coffee and tea products for wholesale customers. Through its operations, Coffee Holding Company serves a diverse client base that includes coffeehouses, restaurants, hotels, health care facilities, vending operators and retail chains.

The company’s product offering spans whole‐bean and ground coffees, single‐serve pods, cold brew formats and bulk tea selections, with both branded and private‐label solutions.