Q.E.P. Co. (OTCMKTS:QEPC) to Issue $0.20 Dividend

Key Points

• Q.E.P. Co. declared a $0.20 dividend, representing a yield of 2.03%, with the ex-dividend date set for August 1st.
• The company reported $1.36 earnings per share for the last quarter, along with a net margin of 6.71% and revenue of $61.53 million.
• As of the recent trading session, Q.E.P. shares opened at $39.50 and experienced a slight decline of 0.4%.

Q.E.P. Co. (OTCMKTS:QEPC - Get Free Report) declared a dividend on Friday, July 25th, investing.com reports. Shareholders of record on Monday, August 4th will be paid a dividend of 0.20 per share on Thursday, August 28th. This represents a yield of 2.03%. The ex-dividend date is Friday, August 1st.

Q.E.P. Trading Down 0.4%

Shares of OTCMKTS:QEPC opened at $39.50 on Friday. The business's 50 day simple moving average is $38.46 and its two-hundred day simple moving average is $41.45. Q.E.P. has a 52-week low of $29.00 and a 52-week high of $49.70.

Q.E.P. (OTCMKTS:QEPC - Get Free Report) last announced its quarterly earnings results on Tuesday, July 15th. The company reported $1.36 earnings per share (EPS) for the quarter. Q.E.P. had a return on equity of 20.42% and a net margin of 6.71%. The business had revenue of $61.53 million for the quarter.

Q.E.P. Company Profile

Q.E.P. Co, Inc designs, manufactures, and distributes flooring installation solutions for commercial and home improvement projects worldwide. The company's product portfolio includes tile saws, blades, and accessories; tile cutters and accessories; hand tools; tile spacers and leveling systems; suction cups; trowels and floats; mixers and paddles; drill bits, hole saws, and jigsaw blades; scarpers and blades; clean-up, repair, and maintenance products; knee pads and safety products; underlayment products; installation kits; and cement boards tools.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.