Ennis, Inc. (NYSE:EBF) Declares Quarterly Dividend of $0.25

Ennis, Inc. (NYSE:EBF) declared a quarterly dividend on Monday, March 23rd. Investors of record on Monday, April 13th will be given a dividend of 0.25 per share by the industrial products company on Monday, May 4th. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date is Monday, April 13th.

Ennis has raised its dividend payment by an average of 0.3%annually over the last three years.

Ennis Stock Up 3.3%

EBF stock opened at $21.12 on Tuesday. The stock has a market cap of $534.06 million, a P/E ratio of 12.72 and a beta of 0.35. Ennis has a twelve month low of $16.30 and a twelve month high of $21.60. The business’s 50-day moving average price is $20.34 and its 200-day moving average price is $18.61.

Ennis (NYSE:EBF) last announced its quarterly earnings data on Monday, December 22nd. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.01. The firm had revenue of $100.17 million during the quarter, compared to analysts’ expectations of $100.50 million. Ennis had a net margin of 11.01% and a return on equity of 14.11%. During the same period in the prior year, the company posted $0.39 earnings per share.

Institutional Trading of Ennis

Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. increased its holdings in Ennis by 34.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 363,680 shares of the industrial products company’s stock worth $7,306,000 after purchasing an additional 92,266 shares during the period. Empowered Funds LLC bought a new position in shares of Ennis during the 1st quarter worth $319,000. Geode Capital Management LLC increased its stake in shares of Ennis by 3.4% during the second quarter. Geode Capital Management LLC now owns 798,109 shares of the industrial products company’s stock valued at $14,480,000 after buying an additional 25,975 shares during the period. Creative Planning increased its stake in shares of Ennis by 28.9% during the second quarter. Creative Planning now owns 52,837 shares of the industrial products company’s stock valued at $958,000 after buying an additional 11,836 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of Ennis by 4.6% in the second quarter. Cetera Investment Advisers now owns 14,417 shares of the industrial products company’s stock valued at $262,000 after acquiring an additional 633 shares in the last quarter. Hedge funds and other institutional investors own 74.33% of the company’s stock.

About Ennis

Ennis, Inc (NYSE: EBF) is a provider of print and related products and services designed to meet the needs of businesses and organizations across a variety of industries. Headquartered in Dallas, Texas, Ennis offers business forms, checks, manuals, labels, promotional signage and specialty packaging. The company also delivers e-commerce and software solutions that enable customers to manage orders, customize print jobs and streamline supply-chain processes through its integrated online platform.

Ennis’s core product offerings include continuous business forms, laser checks and security-enhanced documents, as well as graphic communications materials such as brochures, catalogs and direct-mail collateral.