Buckle, Inc. (The) Announces Quarterly Dividend of $0.35 (NYSE:BKE)

Key Points

• Buckle, Inc. announced a quarterly dividend of $0.35 per share, payable on October 29th to investors of record by October 15th, reflecting a yield of 2.4%.
• The company reported earnings per share of $0.89 for the last quarter, surpassing estimates, with a revenue of $305.74 million, marking an 8.3% year-over-year increase.
• Buckle has a dividend payout ratio of 37.3%, indicating that its dividend is well-supported by earnings.

Buckle, Inc. (The) (NYSE:BKE - Get Free Report) announced a quarterly dividend on Tuesday, September 9th, RTT News reports. Investors of record on Wednesday, October 15th will be paid a dividend of 0.35 per share on Wednesday, October 29th. This represents a c) dividend on an annualized basis and a yield of 2.4%.

Buckle has a dividend payout ratio of 37.3% indicating that its dividend is sufficiently covered by earnings.

Buckle Trading Up 0.3%

Shares of Buckle stock opened at $59.43 on Tuesday. The firm has a market capitalization of $3.04 billion, a P/E ratio of 14.86 and a beta of 1.02. The business has a fifty day simple moving average of $52.13 and a two-hundred day simple moving average of $43.69. Buckle has a 12 month low of $33.12 and a 12 month high of $60.55.

Buckle (NYSE:BKE - Get Free Report) last issued its quarterly earnings results on Friday, August 22nd. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.06. Buckle had a return on equity of 43.97% and a net margin of 16.12%.The firm had revenue of $305.74 million during the quarter, compared to the consensus estimate of $292.61 million. During the same period last year, the company earned $0.78 earnings per share. The company's revenue was up 8.3% on a year-over-year basis.

Buckle Company Profile

The Buckle, Inc operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, Salvage, Red by BKE, Daytrip, Gimmicks, Gilded Intent, FITZ + EDDI, Willow & Root, Outpost Makers, Departwest, Sterling & Stitch, Reclaim, BKE Vintage, Nova Industries, J.B.

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