Q.E.P. Co. (OTCMKTS:QEPC) Plans $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. Stockholders of record on Monday, August 4th will be given a dividend of 0.20 per share on Thursday, August 28th. This represents a dividend yield of 2.03%. The ex-dividend date of this dividend is Friday, August 1st.

Q.E.P. Price Performance

OTCMKTS QEPC traded down $0.85 during trading on Tuesday, reaching $38.95. 2,145 shares of the company's stock were exchanged, compared to its average volume of 2,195. The business has a 50 day moving average price of $38.50 and a 200-day moving average price of $41.57. Q.E.P. has a fifty-two week low of $29.00 and a fifty-two week high of $49.70.

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

About Q.E.P.

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.