Escalade, Incorporated (NASDAQ:ESCA) Plans Quarterly Dividend of $0.15

Escalade, Incorporated (NASDAQ:ESCA) declared a quarterly dividend on Thursday, April 25th, Zacks reports. Investors of record on Monday, July 8th will be paid a dividend of 0.15 per share on Monday, July 15th. This represents a $0.60 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Monday, July 8th.

Escalade has decreased its dividend payment by an average of 5.3% annually over the last three years.

Escalade Price Performance

Shares of NASDAQ ESCA opened at $13.67 on Friday. The firm has a market cap of $189.47 million, a PE ratio of 15.02 and a beta of 1.21. Escalade has a 12-month low of $11.42 and a 12-month high of $22.01. The company’s fifty day simple moving average is $13.89 and its 200 day simple moving average is $16.90. The company has a quick ratio of 1.63, a current ratio of 4.41 and a debt-to-equity ratio of 0.27.

Escalade (NASDAQ:ESCA) last issued its earnings results on Friday, March 29th. The company reported $0.21 earnings per share (EPS) for the quarter. The business had revenue of $65.51 million for the quarter. Escalade had a net margin of 4.76% and a return on equity of 7.78%. As a group, sell-side analysts forecast that Escalade will post 1.29 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Escalade from a “buy” rating to a “hold” rating in a research note on Tuesday.

About Escalade

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.