Buckle, Inc. (The) (BKE) To Go Ex-Dividend on October 15th

Buckle, Inc. (The) (NYSE:BKE) declared a quarterly dividend on Monday, September 14th. Investors of record on Thursday, October 15th will be paid a dividend of 0.35 per share on Thursday, October 29th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Thursday, October 15th.

Buckle has increased its dividend by an average of 0.1%annually over the last three years. Buckle has a dividend payout ratio of 37.3% meaning its dividend is sufficiently covered by earnings.

Buckle Stock Down 1.6%

BKE opened at $39.64 on Wednesday. Buckle has a 52-week low of $39.44 and a 52-week high of $61.50. The company has a 50 day moving average of $43.30 and a two-hundred day moving average of $47.17. The company has a market cap of $2.04 billion, a P/E ratio of 9.13 and a beta of 1.11.

Buckle (NYSE:BKE) last issued its earnings results on Friday, August 21st. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06. The business had revenue of $319.82 million for the quarter, compared to the consensus estimate of $319.80 million. Buckle had a net margin of 16.62% and a return on equity of 46.91%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.89 EPS.

Buckle Company Profile

Buckle, Inc is a specialty retailer of casual apparel, footwear and accessories for young men and women. Its merchandise includes denim, tops, bottoms, dresses, outerwear, shoes, jewelry and other fashion accessories, combining national brands with merchandise sold under the company’s private-label brands.

The company sells its products through a network of retail stores across the United States and through its e-commerce platform. Buckle stores typically emphasize personalized customer service and offer services such as complimentary alterations.