Emerald Holding, Inc. (NYSE:EEX) to Issue $0.02 Quarterly Dividend

Emerald Holding, Inc. (NYSE:EEX) declared a quarterly dividend on Friday, May 8th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.015 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, May 21st.

Emerald has decreased its dividend by an average of 0.1%annually over the last three years. Emerald has a dividend payout ratio of 28.6% meaning its dividend is sufficiently covered by earnings.

Emerald Trading Up 0.1%

Shares of EEX opened at $5.00 on Tuesday. The stock has a fifty day moving average of $4.64 and a two-hundred day moving average of $4.47. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market capitalization of $988.56 million, a PE ratio of -26.29 and a beta of 0.55. Emerald has a fifty-two week low of $3.32 and a fifty-two week high of $5.45.

Emerald (NYSE:EEX) last released its quarterly earnings data on Monday, May 11th. The company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06). The firm had revenue of $155.40 million for the quarter, compared to analyst estimates of $155.40 million. Emerald had a negative return on equity of 10.81% and a negative net margin of 8.24%.

About Emerald

Emerald (NYSE: EEX) is a global provider of independent data, news and analytics for commodity, financial and energy markets. The company operates digital platforms that deliver real-time and historical price assessments, market commentary, research reports and risk-management tools. Its subscriber base spans traders, asset managers, corporate hedgers and financial institutions seeking timely intelligence to support trading, risk management and investment decisions.

Serving clients across North America, Europe and Asia-Pacific, Emerald covers a broad range of markets including metals, energy products, agriculture, freight, environmental emissions and treasury benchmarks.