StockNews.com initiated coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL – Free Report) in a report published on Wednesday morning. The brokerage issued a hold rating on the stock.
Flanigan’s Enterprises Stock Down 0.4 %
NYSEAMERICAN BDL opened at $25.00 on Wednesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.56 and a quick ratio of 1.22. Flanigan’s Enterprises has a 52-week low of $24.43 and a 52-week high of $34.59.
Flanigan’s Enterprises Cuts Dividend
The firm also recently declared an annual dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were given a dividend of $0.50 per share. This represents a yield of 1.8%. The ex-dividend date of this dividend was Friday, June 14th. Flanigan’s Enterprises’s payout ratio is currently 26.46%.
Institutional Trading of Flanigan’s Enterprises
Flanigan’s Enterprises Company Profile
Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.
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