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

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

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

Escalade Stock Performance

Escalade stock opened at $13.24 on Friday. Escalade has a 1-year low of $12.34 and a 1-year high of $22.01. The firm has a market cap of $183.53 million, a P/E ratio of 14.55 and a beta of 1.22. The company has a current ratio of 4.60, a quick ratio of 1.74 and a debt-to-equity ratio of 0.22. The firm has a 50-day moving average of $13.76 and a 200-day moving average of $13.61.

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 firm had revenue of $62.53 million for the quarter. Sell-side analysts expect that Escalade will post 0.85 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Escalade from a “hold” rating to a “buy” rating in a 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.