SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) Raises Dividend to $0.56 Per Share

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) announced a quarterly dividend on Friday, January 1st. Shareholders of record on Sunday, March 15th will be given a dividend of 0.5625 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Friday, March 13th. This is a 0.0% increase from SWK Holdings Co. 9.00% Senior Notes due 2027’s previous quarterly dividend of $0.56.

SWK Holdings Co. 9.00% Senior Notes due 2027 Stock Down 0.1%

Shares of NASDAQ SWKHL traded down $0.04 during midday trading on Wednesday, reaching $25.76. 1,762 shares of the stock traded hands, compared to its average volume of 2,695. The company’s 50 day moving average is $25.63 and its 200 day moving average is $25.59. SWK Holdings Co. 9.00% Senior Notes due 2027 has a one year low of $24.60 and a one 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.