Emerald Holding, Inc. Announces Quarterly Dividend of $0.02 (NYSE:EEX)

Key Points

• Emerald Holding, Inc. announced a quarterly dividend of $0.02 per share, with a payment date set for August 25th for shareholders of record on August 14th.
• The company reported a net margin of 1.57% and a return on equity of 1.75% in its latest earnings, with earnings per share at ($0.01).
• Emerald's stock is currently trading at $4.85, down 2.4%, with a market cap of approximately $964.86 million.

Emerald Holding, Inc. (NYSE:EEX - Get Free Report) declared a quarterly dividend on Monday, August 4th, RTT News reports. Shareholders of record on Thursday, August 14th will be paid a dividend of 0.015 per share on Monday, August 25th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 14th.

Emerald has a payout ratio of 28.6% meaning its dividend is sufficiently covered by earnings.

Emerald Stock Up 3.2%

Shares of EEX traded up $0.16 during trading on Wednesday, reaching $5.06. The company's stock had a trading volume of 28,536 shares, compared to its average volume of 50,566. The company has a quick ratio of 1.59, a current ratio of 1.05 and a debt-to-equity ratio of 1.29. The company has a market cap of $1.00 billion, a price-to-earnings ratio of 101.10 and a beta of 1.16. Emerald has a twelve month low of $3.21 and a twelve month high of $6.65. The company has a fifty day moving average of $4.93 and a two-hundred day moving average of $4.43.

Emerald (NYSE:EEX - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported ($0.01) EPS for the quarter. The company had revenue of $105.50 million for the quarter, compared to the consensus estimate of $100.40 million. Emerald had a return on equity of 2.03% and a net margin of 1.83%. During the same quarter in the previous year, the company earned ($0.02) earnings per share.

About Emerald

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.