Barnes & Noble Education, Inc (NYSE:BNED) Stock to Pay Quarterly Dividend of $0.08

Barnes & Noble Education, Inc (NYSE:BNED – Get Free Report) announced a quarterly dividend on Thursday, September 24th. Stockholders of record on Wednesday, October 14th will be given a dividend of $0.08 per share by the specialty retailer on Thursday, October 29th. This represents a $0.32 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Wednesday, October 14th.

Barnes & Noble Education Trading Down 0.3%

BNED traded down $0.03 on Friday, reaching $11.10. 8,193 shares of the company traded hands, compared to its average volume of 295,370. The company has a market cap of $384.84 million, a P/E ratio of 17.38 and a beta of 1.27. The company has a quick ratio of 0.64, a current ratio of 1.66 and a debt-to-equity ratio of 0.44. Barnes & Noble Education has a one year low of $5.90 and a one year high of $14.75. The firm has a fifty day simple moving average of $12.00 and a two-hundred day simple moving average of $10.93.

Barnes & Noble Education (NYSE:BNED – Get Free Report) last posted its quarterly earnings results on Tuesday, September 8th. The specialty retailer reported ($0.37) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.48) by $0.11. The business had revenue of $290.60 million for the quarter, compared to the consensus estimate of $306.66 million. Barnes & Noble Education had a return on equity of 8.77% and a net margin of 1.29%. As a group, equities research analysts expect that Barnes & Noble Education will post 0.79 earnings per share for the current year.

Barnes & Noble Education Company Profile

(Get Free Report)

Barnes & Noble Education, Inc (NYSE: BNED) is an education services company that supports colleges, universities and their students across the United States. Through institutional partnerships, the company provides retail, digital and operational solutions designed to support the delivery of course materials and campus-related products and services.

Its Barnes & Noble College business operates physical and online campus bookstores, offering new and used textbooks, textbook rentals, digital course materials, general merchandise, school apparel, supplies, technology products and convenience items.

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