Educational Development Co. (NASDAQ:EDUC) to Issue Quarterly Dividend of $0.10

Educational Development Co. (NASDAQ:EDUC) announced a quarterly dividend on Monday, January 11th, Zacks reports. Investors of record on Tuesday, February 23rd will be given a dividend of 0.10 per share on Thursday, March 11th. This represents a $0.40 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Monday, February 22nd.

Educational Development stock opened at $14.86 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 1.52 and a debt-to-equity ratio of 0.31. The stock has a market cap of $124.17 million, a price-to-earnings ratio of 13.15 and a beta of 1.25. Educational Development has a 12 month low of $3.02 and a 12 month high of $20.00. The business has a 50 day moving average price of $15.93 and a two-hundred day moving average price of $15.20.

About Educational Development

Educational Development Corporation, a publishing company, operates as a trade co-publisher of the line of educational children's books in the United States. The company offers various books, including Touchy-Feely board books, activity and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as science and math titles, and chapter books and novels.

Further Reading: Margin

Dividend History for Educational Development (NASDAQ:EDUC)

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