Ennis, Inc. (NYSE:EBF) Plans Quarterly Dividend of $0.23

Ennis, Inc. (NYSE:EBF) declared a quarterly dividend on Friday, June 19th, Zacks reports. Stockholders of record on Friday, July 10th will be given a dividend of 0.225 per share by the industrial products company on Monday, August 10th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.34%. The ex-dividend date is Thursday, July 9th.

Ennis has increased its dividend by an average of 45.2% per year over the last three years and has raised its dividend annually for the last 3 consecutive years. Ennis has a dividend payout ratio of 61.2% indicating that its dividend is sufficiently covered by earnings.

Shares of Ennis stock opened at $16.84 on Tuesday. Ennis has a 1 year low of $13.98 and a 1 year high of $22.21. The firm has a market cap of $439.85 million, a PE ratio of 13.26 and a beta of 0.48. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.95 and a quick ratio of 3.03. The company has a 50 day simple moving average of $17.57 and a two-hundred day simple moving average of $19.08.

Ennis (NYSE:EBF) last issued its earnings results on Monday, June 22nd. The industrial products company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.12 by $0.04. Ennis had a net margin of 7.83% and a return on equity of 11.06%. The company had revenue of $89.00 million for the quarter.

Ennis Company Profile

Ennis, Inc designs, manufactures, and sells business forms and other business products in the United States. The company offers snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls, and pressure sensitive products under the Ennis, Royal Business Forms, Block Graphics, Specialized Printed Forms, 360 Custom Labels, ColorWorx, Enfusion, Uncompromised Check Solutions, VersaSeal, Ad Concepts, FormSource Limited, Star Award Ribbon Company, Witt Printing, B&D Litho, Genforms, PrintGraphics, Calibrated Forms, PrintXcel, Printegra, Curtis Business Forms, Falcon Business Forms, Forms Manufacturers, Mutual Graphics, TRI-C Business Forms, Major Business Systems, Independent Printing, Hoosier Data Forms, and Hayes Graphics brand names.

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Dividend History for Ennis (NYSE:EBF)

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