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

Escalade, Incorporated (NASDAQ:ESCA) announced a quarterly dividend on Thursday, July 25th, Zacks reports. Stockholders of record on Monday, October 7th will be paid a dividend of 0.15 per share on Monday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 4.03%. The ex-dividend date is Monday, October 7th.

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

Escalade Trading Up 1.8 %

Shares of ESCA stock opened at $14.89 on Friday. The company has a market capitalization of $206.38 million, a P/E ratio of 16.36 and a beta of 1.24. The company has a current ratio of 4.44, a quick ratio of 1.63 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $13.61 and its two-hundred day moving average is $14.53. Escalade has a twelve month low of $12.34 and a twelve month high of $22.01.

Escalade (NASDAQ:ESCA) last issued its quarterly earnings results on Thursday, April 25th. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $57.30 million during the quarter. Escalade had a return on equity of 7.74% and a net margin of 4.76%. Equities analysts forecast that Escalade will post 1.29 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Escalade from a “hold” rating to a “buy” rating in a research note on Wednesday, May 1st.

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.