Buckle Inc Announces Quarterly Dividend of $0.30 (NYSE:BKE)

Buckle Inc (NYSE:BKE) announced a quarterly dividend on Monday, September 14th, Zacks reports. Stockholders of record on Thursday, October 15th will be paid a dividend of 0.30 per share on Thursday, October 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.63%. The ex-dividend date is Wednesday, October 14th.

BKE stock opened at $21.30 on Wednesday. The firm has a market cap of $1.09 billion, a P/E ratio of 10.87 and a beta of 1.31. The firm’s fifty day moving average is $18.26 and its 200 day moving average is $16.60. Buckle has a 52 week low of $11.76 and a 52 week high of $28.52.

Buckle (NYSE:BKE) last released its earnings results on Friday, August 21st. The company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.65. The company had revenue of $216.00 million during the quarter, compared to analyst estimates of $151.23 million. Buckle had a return on equity of 23.98% and a net margin of 11.60%. Buckle’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.34 EPS.

Several research analysts recently commented on the stock. ValuEngine downgraded shares of Buckle from a “hold” rating to a “sell” rating in a research note on Tuesday, August 4th. Zacks Investment Research downgraded shares of Buckle from a “buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Cfra lowered shares of Buckle from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $14.00 to $11.00 in a report on Tuesday, May 26th. Finally, TheStreet raised shares of Buckle from a “c+” rating to a “b” rating in a research note on Friday, September 11th.

Buckle Company Profile

The Buckle, Inc operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Outpost Makers, Departwest, and Veece.

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Dividend History for Buckle (NYSE:BKE)

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