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

Escalade, Incorporated (NASDAQ:ESCA - Get Free Report) declared a quarterly dividend on Thursday, April 25th, Zacks reports. Investors of record on Monday, July 8th will be given a dividend of 0.15 per share on Monday, July 15th. This represents a $0.60 annualized dividend and a yield of 4.39%. The ex-dividend date of this dividend is Monday, July 8th.

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

Escalade Stock Performance

ESCA remained flat at $13.67 during mid-day trading on Friday. The company had a trading volume of 8,545 shares, compared to its average volume of 18,940. The firm's fifty day moving average price is $13.94 and its two-hundred day moving average price is $16.92. Escalade has a 1 year low of $11.42 and a 1 year high of $22.01. The company has a current ratio of 4.41, a quick ratio of 1.63 and a debt-to-equity ratio of 0.27. The company has a market cap of $189.47 million, a P/E ratio of 19.28 and a beta of 1.21.

Escalade (NASDAQ:ESCA - Get Free Report) last posted its earnings results on Friday, March 29th. The company reported $0.21 earnings per share (EPS) for the quarter. Escalade had a return on equity of 6.14% and a net margin of 3.73%. The firm had revenue of $65.51 million for the quarter. As a group, research analysts anticipate that Escalade will post 1.29 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com downgraded Escalade from a "buy" rating to a "hold" rating in a report on Tuesday.

Escalade Company Profile

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.