EVI Industries, Inc. (NYSEAMERICAN:EVI) to Issue Special Dividend of $0.33

Key Points

• EVI Industries, Inc. has declared a special dividend of $0.33 per share, which will be distributed to shareholders on October 6th, for those recorded by September 25th.
• The company's stock traded at $28.22 with a market capitalization of approximately $360.09 million and a P/E ratio of 57.59.
• Equities research analysts have issued a consensus "Buy" rating for EVI Industries, with a target price of $28.00, reflecting positive investor sentiment.

EVI Industries, Inc. (NYSEAMERICAN:EVI - Get Free Report) announced a special dividend on Thursday, September 11th, RTT News reports. Investors of record on Thursday, September 25th will be paid a dividend of 0.33 per share by the industrial products company on Monday, October 6th. The ex-dividend date of this dividend is Thursday, September 25th.

EVI Industries Stock Down 0.2%

NYSEAMERICAN:EVI traded down $0.05 during trading hours on Tuesday, reaching $27.74. 8,450 shares of the company's stock were exchanged, compared to its average volume of 11,680. The firm has a market cap of $353.96 million, a price-to-earnings ratio of 56.61 and a beta of 0.01. The firm's 50-day moving average is $25.29. The company has a quick ratio of 0.84, a current ratio of 1.53 and a debt-to-equity ratio of 0.37. EVI Industries has a 1-year low of $14.99 and a 1-year high of $29.29.

About EVI Industries

EVI Industries, Inc, through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment in the United States, Canada, the Caribbean, and Latin America. The company sells and/or leases commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications.