Ennis, Inc. (NYSE:EBF) Increases Dividend to $0.26 Per Share

Ennis, Inc. (NYSE:EBF) declared a quarterly dividend on Friday, September 18th. Shareholders of record on Friday, October 9th will be paid a dividend of $0.2625 per share by the industrial products company on Friday, November 6th. This represents a $1.05 annualized dividend and a yield of 4.7%. The ex-dividend date is Friday, October 9th. This is a 5.0% increase from Ennis’s previous quarterly dividend of $0.25.

Ennis has increased its dividend payment by an average of 0.0%annually over the last three years.

Ennis Stock Down 0.2%

Shares of Ennis stock opened at $22.53 on Wednesday. Ennis has a twelve month low of $16.30 and a twelve month high of $22.94. The stock has a market cap of $569.96 million, a price-to-earnings ratio of 14.72 and a beta of 0.26. The company’s fifty day moving average is $21.84 and its 200 day moving average is $21.26.

Ennis (NYSE:EBF) last posted its quarterly earnings data on Monday, September 21st. The industrial products company reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). The company had revenue of $102.01 million during the quarter, compared to analyst estimates of $99.85 million. Ennis had a net margin of 9.81% and a return on equity of 12.64%.

Ennis Company Profile

Ennis, Inc (NYSE: EBF) is a manufacturer and supplier of printed business products and apparel. The company produces forms, envelopes, labels, tags, checks, presentation folders, snap-apart forms and other specialty printed materials for commercial and business use.

Ennis also offers apparel and promotional products, including screen-printed and embroidered garments, as well as related products sold through distributors and resellers. Its product portfolio serves businesses, organizations and other end users that require customized print, apparel and branded merchandise.

Founded in 1909 and headquartered in Midlothian, Texas, Ennis operates primarily through a network of manufacturing and distribution facilities in the United States.