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

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 dividend yield of 4.39%. The ex-dividend date is Monday, July 8th.

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

Escalade Price Performance

Shares of NASDAQ ESCA opened at $13.67 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.41 and a quick ratio of 1.63. The stock has a market capitalization of $189.47 million, a price-to-earnings ratio of 19.25 and a beta of 1.21. The firm’s 50 day simple moving average is $13.94 and its 200-day simple moving average is $16.92. Escalade has a 12 month low of $11.42 and a 12 month high of $22.01.

Escalade (NASDAQ:ESCA) last announced its earnings results on Friday, March 29th. The company reported $0.21 earnings per share (EPS) for the quarter. The firm had revenue of $65.51 million for the quarter. Escalade had a return on equity of 6.14% and a net margin of 3.73%. Analysts expect that Escalade will post 1.29 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Escalade from a “buy” rating to a “hold” rating in a research report 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.