Big 5 Sporting Goods Co. (NASDAQ:BGFV) declared a quarterly dividend on Tuesday, July 28th, Zacks reports. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.10 per share on Tuesday, September 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date of this dividend is Monday, August 31st. This is a boost from Big 5 Sporting Goods’s previous quarterly dividend of $0.05.
Big 5 Sporting Goods has decreased its dividend payment by an average of 61.9% annually over the last three years. Big 5 Sporting Goods has a payout ratio of 285.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
BGFV stock traded up $0.07 during trading on Thursday, hitting $6.65. 18,369 shares of the company traded hands, compared to its average volume of 3,226,766. The company has a 50-day moving average of $2.55 and a 200-day moving average of $2.23. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.30 and a current ratio of 1.85. Big 5 Sporting Goods has a 1 year low of $0.65 and a 1 year high of $6.93. The firm has a market capitalization of $144.30 million, a PE ratio of 65.80 and a beta of 1.64.
Big 5 Sporting Goods (NASDAQ:BGFV) last announced its quarterly earnings data on Wednesday, May 27th. The company reported ($0.22) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by ($0.02). Big 5 Sporting Goods had a net margin of 0.22% and a return on equity of 1.15%. The company had revenue of $217.74 million during the quarter.
Big 5 Sporting Goods Company Profile
Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company offers athletic shoes, apparel, and accessories, as well as a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports.
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