Educational Development Co. (NASDAQ:EDUC) to Issue Quarterly Dividend of $0.06

Educational Development Co. (NASDAQ:EDUC) announced a quarterly dividend on Friday, May 22nd, Wall Street Journal reports. Investors of record on Tuesday, June 2nd will be given a dividend of 0.06 per share on Thursday, June 18th. This represents a $0.24 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date is Monday, June 1st. This is an increase from Educational Development’s previous quarterly dividend of $0.05.

EDUC opened at $6.32 on Friday. The stock has a market cap of $53.47 million, a price-to-earnings ratio of 9.29 and a beta of 1.17. Educational Development has a 1 year low of $3.02 and a 1 year high of $8.26. The company has a current ratio of 1.93, a quick ratio of 0.62 and a debt-to-equity ratio of 0.61. The stock has a fifty day moving average price of $5.08 and a 200 day moving average price of $5.57.

Educational Development (NASDAQ:EDUC) last released its quarterly earnings data on Thursday, May 21st. The company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $20.16 million during the quarter. Educational Development had a return on equity of 20.26% and a net margin of 4.66%.

About Educational Development

Educational Development Corporation, a publishing company, operates as a trade co-publisher of the line of educational children's books in the United States. The company offers various books, including Touchy-Feely board books, activity and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as science and math titles, and chapter books and novels.

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Dividend History for Educational Development (NASDAQ:EDUC)

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