SWK Holdings Co. 9.00% Senior Notes due 2027 (SWKHL) to Distribute Quarterly Dividend of $0.56 on September 30th

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) declared a quarterly dividend on Thursday, September 3rd. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.5625 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Tuesday, September 15th.

SWK Holdings Co. 9.00% Senior Notes due 2027 Price Performance

Shares of NASDAQ:SWKHL traded up $0.04 during midday trading on Friday, reaching $25.54. The company had a trading volume of 1,976 shares, compared to its average volume of 3,402. The business’s 50 day moving average price is $25.36 and its 200 day moving average price is $25.42. SWK Holdings Co. 9.00% Senior Notes due 2027 has a 1-year low of $24.34 and a 1-year high of $25.92.

SWK Holdings Company is the indirect parent of Formica Corporation and related surfacing businesses. The company’s primary business activities center on the design, manufacturing and distribution of decorative surfacing materials for residential, commercial and industrial applications. Its product lines include high-pressure laminate, engineered quartz and solid surface sheets used in countertops, wall panels and furniture surfaces.

Under brands such as Formica® and Resopal®, SWK Holdings serves cabinet, furniture and flooring manufacturers, as well as commercial distributors.