Crown Crafts, Inc. (CRWS) to Issue Quarterly Dividend of $0.03 on October 2nd

Crown Crafts, Inc. (NASDAQ:CRWSGet Free Report) announced a quarterly dividend on Monday, August 10th. Investors of record on Friday, September 11th will be given a dividend of 0.03 per share by the textile maker on Friday, October 2nd. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Friday, September 11th.

Crown Crafts has decreased its dividend by an average of 0.1%per year over the last three years.

Crown Crafts Stock Down 1.1%

CRWS opened at $2.69 on Wednesday. The company has a market capitalization of $28.94 million, a PE ratio of 5.72 and a beta of 0.63. The business has a 50-day moving average of $2.93 and a 200-day moving average of $2.83. Crown Crafts has a fifty-two week low of $2.35 and a fifty-two week high of $3.14. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.20 and a quick ratio of 1.40.

Crown Crafts (NASDAQ:CRWSGet Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The textile maker reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.05. The firm had revenue of $16.77 million for the quarter, compared to analyst estimates of $20.90 million. Crown Crafts had a net margin of 5.99% and a return on equity of 12.79%.

Wall Street Analysts Forecast Growth

CRWS has been the topic of several analyst reports. Weiss Ratings upgraded Crown Crafts from a “sell (d)” rating to a “hold (c-)” rating in a report on Friday, June 26th. Wall Street Zen raised shares of Crown Crafts to a “strong-buy” rating in a report on Saturday, August 29th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Read Our Latest Stock Analysis on Crown Crafts

About Crown Crafts

(Get Free Report)

Crown Crafts, Inc (NASDAQ: CRWS) is a U.S.-based designer, marketer and distributor of infant, toddler and juvenile consumer products. The company develops a wide range of softlines and related accessories, including crib and toddler bedding, blankets, decorative pillows, bath towels and washcloths. Since its founding in 1957, Crown Crafts has focused on combining creative design with functional quality to meet the shifting preferences of young families and caregivers.

The company operates two primary business segments.

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Dividend History for Crown Crafts (NASDAQ:CRWS)

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