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

Escalade, Incorporated (NASDAQ:ESCA) announced a quarterly dividend on Thursday, October 24th, Zacks reports. Stockholders of record on Monday, January 6th will be given a dividend of 0.15 per share on Monday, January 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend is Monday, January 6th.

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

Escalade Trading Down 2.2 %

ESCA stock opened at $13.24 on Friday. The business’s 50-day moving average is $13.76 and its 200 day moving average is $13.61. Escalade has a 12-month low of $12.34 and a 12-month high of $22.01. The stock has a market cap of $183.53 million, a price-to-earnings ratio of 14.55 and a beta of 1.22. The company has a current ratio of 4.60, a quick ratio of 1.74 and a debt-to-equity ratio of 0.22.

Escalade (NASDAQ:ESCA) last issued its quarterly earnings results on Thursday, July 25th. The company reported $0.20 earnings per share (EPS) for the quarter. The firm had revenue of $62.53 million for the quarter. Escalade had a return on equity of 7.16% and a net margin of 4.55%. On average, sell-side analysts anticipate that Escalade will post 0.85 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Escalade from a “hold” rating to a “buy” rating in a report on Thursday, October 10th.

Escalade Company Profile

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.