OneSpaWorld Holdings Limited (NASDAQ:OSW) Plans $0.04 Quarterly Dividend

OneSpaWorld Holdings Limited (NASDAQ:OSW) announced a quarterly dividend on Tuesday, February 25th, RTT News reports. Stockholders of record on Wednesday, March 12th will be given a dividend of 0.04 per share on Wednesday, March 26th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.83%.

OneSpaWorld has a dividend payout ratio of 14.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect OneSpaWorld to earn $1.06 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 15.1%.

OneSpaWorld Trading Up 1.3 %

NASDAQ:OSW traded up $0.25 on Wednesday, hitting $19.24. 120,857 shares of the stock were exchanged, compared to its average volume of 697,181. The stock has a fifty day moving average of $20.42 and a 200-day moving average of $18.42. The stock has a market cap of $2.00 billion, a PE ratio of 27.48 and a beta of 2.10. The company has a current ratio of 1.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.18. OneSpaWorld has a fifty-two week low of $11.98 and a fifty-two week high of $23.01.

Insider Activity

In related news, Director Walter Field Mclallen sold 18,000 shares of OneSpaWorld stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $20.40, for a total transaction of $367,200.00. Following the sale, the director now owns 170,917 shares of the company’s stock, valued at $3,486,706.80. The trade was a 9.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 5.00% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on OSW. Stifel Nicolaus increased their target price on shares of OneSpaWorld from $24.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Truist Financial increased their price objective on shares of OneSpaWorld from $17.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd.

OneSpaWorld Company Profile

OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts worldwide. Its health and wellness centers offer services, such as traditional body, salon, and skin care services and products; self-service fitness facilities, specialized fitness classes, and personal fitness training; pain management, detoxifying programs, and body composition analyses; weight management programs and products; and medi-spa services.