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

Escalade, Incorporated (NASDAQ:ESCA) declared a quarterly dividend on Thursday, October 24th, Zacks reports. Stockholders of record on Monday, January 6th will be paid a dividend of 0.15 per share on Monday, January 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date of this dividend is Monday, January 6th.

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

Escalade Trading Down 2.2 %

Shares of ESCA opened at $13.24 on Friday. The stock has a market capitalization of $183.53 million, a PE ratio of 14.55 and a beta of 1.22. The company’s fifty day moving average is $13.76 and its 200 day moving average is $13.61. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.74 and a current ratio of 4.60. Escalade has a fifty-two week low of $12.34 and a fifty-two week high of $22.01.

Escalade (NASDAQ:ESCA) last announced its earnings results on Thursday, July 25th. The company reported $0.20 earnings per share for the quarter. Escalade had a net margin of 4.55% and a return on equity of 7.16%. The business had revenue of $62.53 million for the quarter. Sell-side analysts expect that Escalade will post 0.85 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised Escalade from a “hold” rating to a “buy” rating in a research report on Thursday, October 10th.

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.